HomeMy WebLinkAbout2022-0921 September 21 2022 Agenda PacketSeptember 21 , 2022
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TROPHY CLUB
September 21, 2022 Meeting Agenda Packet
BOARD OF DIRECTORS
PUBLIC HEARING & REGULAR MEETING
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
100 MUNICIPAL DRIVE
TROPHY CLUB, TEXAS 76262
6:30 P.M. Svore Municipal Boardroom
PUBLIC HEARING AND REGULAR MEETING AGENDA PACKET
VIA VIDEOCONFERENCE
THE PRESIDING OFFICER AND A QUORUM OF THE BOARD OF DIRECTORS WILL BE PHYSICALLY PRESENT
AT, AND MEMBERS OF THE PUBLIC MAY ATTEND, THE MEETING AT THE LOCATION SPECIFIED ABOVE.
CALL TO ORDER AND ANNOUNCE A QUORUM
PUBLIC HEARING
1. Public Hearing regarding adoption of the final District Tax Rates for Tax Year 2022.
CITIZEN COMMENTS
This is an opportunity for citizens to address the Board on any matter whether or not it is posted on the agenda.
The Board is not permitted to take action on or discuss any comments made to the Board at this time
concerning an item not listed on the agenda. The Board will hear comments on specific agenda items prior to
the Board addressing those items. You may speak up to four (4) minutes or the time limit determined by the
President or presiding officer. To speak during this item, you must complete the Speaker's form that includes
the topic(s) of your statement. Citizen Comments should be limited to matters over which the Board has
authority.
REPORTS & UPDATES
2. Staff Reports
a. Capital Improvement Projects
b. Water Operations Report
c. Wastewater System Reports
d. Finance Reports
attachment: Staff Reports
CONSENT AGENDA
All matters listed as Consent Agenda are considered to be routine by the Board of Directors and will be
enacted by one motion. There will not be a separate discussion of these items. If discussion is desired, that
item will be removed from the consent agenda and will be considered separately.
3. Consider and act to approve the Consent Agenda.
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September 21, 2022 Meeting Agenda Packet
a. August 2022 Combined Financials
b. August 17, 2022 Regular Meeting Minutes
c. Appointments to Fort Worth Wholesale Advisory Committee for FY2023.
attachments: August 2022 Combined Financials
August 17, 2022 meeting minutes
Fort Worth Wholesale Advisory Committee
REGULAR SESSION
4. Consider and act regarding adoption of Resolution No. 2022-0921A approving Budget for Fiscal Year
2023.
attachment: Resolution No. 2022-0921A
5. Consider and act regarding adoption of Rate Order No. 2022-0921A amending water rates and setting
an effective date of October 1, 2022.
attachment: Order No. 2022-0921A
6. Consider and act regarding Order No. 2022-0921B, fixing and levying Trophy Club Municipal Utility
District No. 1 Debt Service Tax Rate and Operations and Maintenance Tax Rate for 2022 Tax Year.
attachment: Order No. 2022-0921B
7. Consider and act to regarding adoption of Resolution 2022-0921B approving 2022 Tax Roll for Trophy
Club Municipal Utility District No. 1.
attachments: Resolution 2022-0921B
8. Consider and act regarding approval of Amendment to District Information Form, including Notice to
Purchaser Form.
attachments: Notice to Purchaser
9. Consider and act regarding annual review of District Investment Policy and Investment Strategies
including:
a. Adopt Order No. 2022-0921C approving Amended and Restated Investment Policy, including the
District's Investment Strategies and Appointment of Investment Officer(s).
attachments: Order No. 2022-0921C
10. Consider and act to adopt Resolution No. 2022-0921C Approving Cash Reserve Policy.
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September 21, 2022 Meeting Agenda Packet
attachments: Resolution No. 2022-0921C
11. Consider and act to approve contract with Four Man Furnace, Inc. for development of a community
awareness and communications strategy and to assist the District with respect to preparation of public
communications relating to the District and its operations and authorize the General Manager to execute
the necessary documents to implement Board action.
attachments: Contract No. 2022-092101
12. Receive update from Strategic Committee. (Carr/Brewster)
EXECUTIVE SESSION
13. Pursuant to Section 551.071 of the Texas Open Meetings Act, the Board may consult with its attorney in
Executive Session on a matter in which the duty of the attorney to the Governmental Body under the
Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Open
Meetings Act or to seek advice of counsel on legal matters involving pending or contemplated litigation
or settlement offers:
a. Consult with legal counsel concerning the potential joint strategic planning with the Town of Trophy
Club.
14. Deliberations pursuant to Section 551.074(a)(1) of the Texas Open Meetings Act regarding appointment,
employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee:
General Manager annual performance evaluation.
REGULAR SESSION
15. Consider and act regarding items discussed in Executive Session.
16. Items for future agendas:
17. Set future Meeting dates — October 19, 2022
attachments: October Calendar
*THE BOARD RESERVES THE RIGHT TO ADJOURN INTO EXECUTIVE SESSION AT ANY TIME DURING THE
MEETING PURSUANT TO THE APPLICABLE SECTION OF SUBCHAPTER D, CHAPTER 551, TEXAS GOVERNMENT
CODE, THE TEXAS OPEN MEETINGS ACT, WITH RESPECT TO ANY ITEM ON THE AGENDA. NO FINAL ACTION,
DECISION OR VOTE WILL BE TAKEN ON ANY SUBJECT OR MATTER IN EXECUTIVE SESSION. THIS NOTICE
MODIFIES THE DISTRICTS PRIOR PRACTICE OF SPECIFICALLY IDENTIFYING ALL AGENDA ITEMS TO BE
DISCUSSED IN EXECUTIVE SESSION.
ADJOURN
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September 21, 2022 Meeting Agenda Packet
Monthly Water Operations Report
Water Billed
FY October November December January February March April May June July August September Total Year
2013 85,488 75,251 48,527 39,601 34,450 43,137 56,947 76,542 85,312 110,072 130,945 114,497 900,769
2014 82,660 48,813 34,482 39,767 37,085 54,794 66,337 84,384 99,240 92,913 113,135 110,873 864,483
2015 90,994 58,986 49,607 36,162 38,776 30,566 46,543 39,576 60,731 100,622 139,441 123,886 815,890
2016 108,951 41,936 39,028 39,622 44,551 49,498 55,181 50,827 65,390 115,687 119,611 98,945 829,227
2017 74,785 68,638 38,580 33,028 38,380 60,841 56,683 86,794 98,864 95,355 104,303 99,541 855,792
2018 83,228 69,099 48,144 34,592 40,658 43,411 60,079 89,802 118,899 126,588 125,531 73,735 913,766
2019 47,193 41,933 36,244 34,604 33,740 40,421 55,970 42,773 70,747 96,174 131,472 114,784 746,055
2020 102,150 40,988 43,946 36,418 31,000 34,047 53,755 67,030 96,195 123,309 118,522 83,570 830,930
2021 98,232 57,380 40,841 42,725 40,786 41,078 67,776 50,736 64,195 100,853 97,864 112,674 815,140
2022 1 78,390 1 54,635 1 48,488 1 49,322 40,021 44,588 72,448 1 85,474 1 119,711 1 141,177 1 143,845 1 ' 1 878,099 I
160,0
140,000
120,000
100,000
80,000
60,000
40,000
20,000
WATER BILLED IN THOUSANS OF GALLONS
October November Deign January February
July August September
2018
2019
2020
- 2021
- 2022
Water Pumped
FY October November December January February March April May June July August September Total Year
2013 85,966 77,758 55,110 39,283 37,867 56,743 60,969 87,168 96,602 119,414 145,988 120,342 983,210
2014 81,909 51,769 39,769 48,758 42,395 61,100 71,283 96,481 95,206 110,173 123,369 115,607 937,819
2015 106,251 67,825 58,659 45,691 39,675 35,752 56,704 48,637 72,934 117,302 143,413 142,394 935,237
2016 106,731 52,616 43,708 46,945 50,721 55,178 60,434 55,562 68,138 112,533 128,963 104,664 886,193
2017 82,677 77,937 43,792 43,207 43,024 69,549 65,723 94,452 103,867 101,184 114,872 109,769 950,053
2018 91,439 78,282 55,745 40,796 40,750 51,711 67,217 97,980 124,109 155,354 144,015 85,946 1,033,344
2019 60,576 53,119 45,651 45,552 39,014 43,048 61,238 48,787 79,167 102,887 144,299 130,752 854,090
2020 112,971 48,627 49,384 40,726 35,749 38,576 57,714 74,153 106,219 136,306 130,721 89,514 920,660
2021 106,660 66,304 46,962 50,538 47,733 44,191 75,866 56,985 73,907 113,015 109,492 123,206 914,859
2022 1 91,078 1 61,928 1 54,930 1 52,679 1 49,094 1 51,606 1 81,977 1 92,915 1 133,828 1 152,199 1 161,534 1 1 983,768 1
160,000
140,000
120,000
100,000 N
80,000
60,000
40,000
20,000
WATER PUMPED IN THOUSANDS GALLONS
2018
- 2019
- 2020
- 2021
- 2022
Active Connections
FY October November December January February March April May June July August September
2017 Total 4644 4647 4661 4657 4663 4666 4670 4676 4685 4690 4696 4700
2018 Total 4701 4706 4712 4716 4720 4724 4724 4728 4732 4735 4736 4738
2019 Total 4741 4743 4745 4753 4753 4758 4761 4762 4768 4770 4773 4782
2020 Total 4795 4796 4797 4797 4807 4807 4816 4817 4830 4836 4836 4837
2021 Total 4837 4837 4837 4837 4837 4837 4837 4837 4839 4841 4841 4840
2021 MUD 3393 3393 3393 3393 3393 3393 3393 3393 3395 3397 3397 3396
2021 PID 1444 1444 1444 1444 1444 1444 1444 1444 1444 1444 1444 1444
2022 Tota( 4841 4841 4841 4841 4844 4845 484D 3397 3398 3398 3398 3401 3402 340'1 4811 4844340) 4844 48413401 )
22222022 PID 1444 1443 1443 1443 1443 1443 14431 14431 14431 144 I 14431
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September 21, 2022 Meeting Agenda Packet
August 2022 Results
Ammonia -N CBOD5 TSS
Date % Removal % Removal % Removal
Influent Effluent Influent Effluent Influent Effluent
1 -Aug 47.5 0.20 99.6% 287 2.0 99.3% 276 1.0 99.6%
4 -Aug 32.5 0.20 99.4% 96 2.0 97.9% 220 1.0 99.5%
8 -Aug 64.8 0.20 99.7% 292 2.0 99.3% 428 1.0 99.8%
11 -Aug 49.2 0.20 99.6% 302 2.0 99.3% 287 1.0 99.7%
15 -Aug 47.8 0.20 99.6% 292 2.0 99.3% 330 1.0 99.7%
18 -Aug 49.5 0.20 99.6% 292 2.0 99.3% 275 1.0 99.6%
22 -Aug 37.0 0.20 99.5% 282 2.0 99.3% 183 1.0 99.5%
25 -Aug 49.5 0.20 99.6% 307 2.0 99.3% 298 1.0 99.7%
29 -Aug 42.5 0.20 99.5% 302 2.0 99.3% 240 1.0 99.6%
30 -Aug 52.5 0.20 99.6% 268 2.0 99.3% 246 1.0 99.6%
1 Report
Ammonia -N
0.20 1 99.6%
2.0 1 99.2%
5 of 127
1.0 1 99.6%
CBOD5 TSS
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00
6.0
5.0
4.0
3.0
2.0
1.0
0.0
September 21, 2022 Meeting Agenda Packet
Ammonia Nitrogen
Permit Limit 3 (Sept. - Dec.)
0.20
0.20 0.20
0.20 0.20
Permit Limit 3 (Jan - March) Permit Limit - 1 from (Apr - Aug)
0.20 0.21 0.22 0.20
0.20 0.20
0.20 0.20
Aug 21 Sep 21 Oct 21 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 Apr 22 May 22 June 22 July 22 Aug 22
99.6%
99.6% 99.7%
99.7% 99.7%
99.6% 99.6%
99.6% 99.5%
Carbonaceous Biochemical Demand (CBOD5)
99.6% 99.6%
99.6% 99.6%
2.0 2.0
2.0 2.0 2.0 2.0
2.0 2.0 2.0 2.0
Permit Limit 5
2.0 2.0 2.0 2.0
2.0 2.0 2.0 2.0
2.0 2.0 2.0 2.0
2.0 2.0 2.0 2.0
IIIIILIIIIIIIIILIJIIIIIIII
Aug 21 Sep 21 Oct 21 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 Apr 22 May 22 June 22 July 22 Aug 22
99.3% 99.3% 99.3% 99.3% 99.3% 99.3% 99.3% 99.3% 99.3% 99.3% 99.3% 99.3% 99.2%
6 of 127
Nh3Ave
- Permit Limit
- %Removal
Bod
Bod Aver
- Permit Limit
- %Removal
1.0 1.0 1.0 1.0
.. .. .. .. . .A .. .. .E_
1.0 1.0
1.0 1.0 1.0 1.0
Permit Limit 12
1.0 1.0 1.0 1.0
1.0 1.0 1.0 1.0
1.0 1.0 1.0 1.0
1.0 1.0 1.0 1.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
September 21, 2022 Meeting Agenda Packet
Total Suspended Solids (TSS)
Aug 21 Sep 21 Oct 21 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 April 22 May 22 June 22 July 22 Aug 22
99.6% 99.6%
99.6% 99.7% 99.6% 99.6%
99.6 99.6%
Nitrate - Nitrogen
99.6% 99.6% 99.6% 99.6% 99.6%
Permit Limit 24
7.3
5.5 5.35 5.0 5.42 5.9 5.49 4.7 5.48 5.1 5.51 5.64 5.7 5.65 6.2 5.7 5.9 5.7 6.6 5.8 7.0 5.8 6.8 6.0 6.5 6.1
11111111 1 1111111111
1
Apr -21
May -21 Jun -21
Jul -21 Aug -21
Sep -21 Oct -21
7 of 127
Nov -21 Dec -21
Jan -22 Feb -22
Mar -22 Apr -22
TSS
TSS Ave
- Permit Limit
- %Removal
N -N
N -N Aver
- Permit Limit
10
9
8
7
6
5
4
3
2
1
0
September 21, 2022 Meeting Agenda Packet
E. Coli
Permit Limit 126
1.0 1.0 1.0 1.0
1.0 1.0 1.0 1.0
11 11 11 11
1.0 1.0 1.0 1.0
1 1
5.2
1.4
1
1.0 1.0
1.0 1.0 1.0 1.0
1■ 1
1.0 1.0 1.0 1.0
1 I•
2.0
1.4
Aug -21
Sep -21 Oct -21
Nov -21 Dec -21
Permit Limit High 9
Jan -22 Feb -22
Mar -22 Apr -22
Potential for Hydrogen (pH)
May -22 Jun -22
Permit Limit Low 6
Jul -22 Aug -22
7.79
7.75
I ' .66 -.71 7.64 7.63 7.71 17.64
7.667.59 7.62
744
7.57 7.52 7.52 7.557.69 7.55
3 7.65
739
7.79 7.77
7.72
7.66 7.63 7.66 7.62
7.57 7.56
7.52 7.48 7.50
7.42 7.42
7.33
7.21
6.88
Aug -21 Sep -21
Oct -21 Nov -21
Dec -21 Jan -22
Feb -22 Mar -22
8 of 127
Apr -22 May -22 Jun -22
Jul -22 Aug -22
-8
6.0
5.0
4.0
3.0
2.0
1.0
0.0
- 7.8
- 7.6
- 7.4
- 7.2
• Permit Limit
■ E Coll
• E Coli Ave.
• pH Min
_ 7 ■pH Max
- 6.8
- 6.6
6.4
• pH Aver
1
9
8
7
6
Permit Limit Max 9
Dissolved Oxygen (DO)
September 21, 2022 Meeting Agenda Packet
Permit Limit Min 6
7.7
7.1
1
7.8
7.9
8.0
8.4
8.69
8.4
7.99
6.85
6.73
6.43
7.27
Aug -21 Sep -21
Oct -21 Nov -21
Dec -21
Jan -22 Feb -22
9 of 127
Mar -22 Apr -22
May -22 Jun -22
Jul -22 Aug -22
apackamt2 skrolczyk
Begin Date: 08/01/2022 End Date: 08/31/2022
Fran Ant:
: • : • :•:. :•:. ••••.• : : : bete • NoNwter:
1244 ASSOC OF WATER BOARD DIRECTORS 203259 07/18/22–P 26 135 -60080 -026 -
Totals for Check: 8775
2655 Core & Maill..LPY.:.%%%%%%%%'.' R25523 07/21/22
:TPta.!*:fir:PVC15:: ::::•:•:•:•:••• • : : : :
mc • • • • • • 767004292
Totals for Check: 8777
000
Trophy Club MJD No.1 Sep:Wu-45pr 2117;2022 Meeting Agenda Paet
AP Checks For Date/Amount Range
.00 To Amt: 99,999,999.99
Schools & Training
r :•:•:
• •.•.•.•.•.
. .
50.00-8775 08/01/22
50.00
10, A35755080-010-000. Maintenanc..f.epairs. :-8776 08/01/22
....... •
• • • • • • • • • • • • • • • • • • • • • •
1,655.13
• •.•. . .
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:::::::::•1832:::FIRST.MokiCiAi.:•641(::::::P
..... • ..... • • ...... • .• ..... • • ........•10 135-69009-010-
1832
182208/01/22 • P • • 20 135 -69009020 -
Totals for Check: 8778
: • • 2676:::Fleme:Inc2676 kmia :• • • • •
• •••••:
2676 .Hulana.Int."""."."..
2676 Humana Inc
2676 Humana Inc
0 0 0 0'
000
000
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• 15516909 •••••• 08/01/22:::.P. 135721308,000-000
15516909 08/01/0::::.P.:::..::::-.135;!213097
35516909 08/01/22:E::::::::::::135-21311-000000:
15516909 08/01/22—P16135 -50029 -010
15516909 08/01/22 P 20 135 -50029 -020
15516909 08/01/22 P 30 135 -50029 -030 -
*020022
Totals for Check: 8780
2790 M -Co Construction, Inc PAY APP 10
Totais for Check: 8781
1115:::METLIFE•GROUP
3115'METLIFE GROUP BENEFITS 07272022
3115 METLIFE GROUP BENEFITS 07272022
3115 FETLIFE GROUP BENEFITS 07272022
00,0
000
000
000
Short Tenn Debt -Principal. 21.127. 19 8778 08/01/22 : ':
"%%%%%' •
470.26 8778 08/01/22
Short Tenn Debt -Interest "' • 623.37 8778 08/01/22
23,934.33
Vision •:•::
..**Auntar.Y Life .211. 877908/01/22
Lite Insurance 4i Other • • • • • • • • • • • 159.06 ' 8779 08/01/22 • • • • • • • • • • • • • •
Life Insurance & Other 108.90 8779 08/01/22
Life Insurance & Other 151.80 8779 08/01/22
•
..•.•.•.•.•.•.•.•.•.•.•............
•.•.• •.•.• • •.•.• '
16,287.6
07/25/22 P 10 520-69005-010-000 Capital Outlays 202,930.01 8781 08/01/22
- - • - • - • • • - • •
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08/01/22" • P" "10 135-50029-010-000 " " Life InSintrite & athee " • .• • '125:46 • '8782 • 06161/22 • • • • • • • • • • • • •
08/01/22 P 20 135-50029-020-000 Life Insurance & Other 98.84 8782 08/01/22
08/01/22 P 30 135-50029-030-000 Life Insurance & Other 157.77 8782 08/01/22
000
1056 OFFICE DEPOT, INC 250636197002 07/18/22 P 30 135-65095-030-000 Maintenance Supplies
INC. .. 255243199001 H07/15/22.
1056 OFFICE DEPOT, INC:• • • • • 255243198001 • • • •07/15/22 • • • • P ••• 30:•:
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3156 OXIDOR LABORATORIES LLC
Totals for Check: 8785
22070510 07/26/22 P
20 135-55135-020
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06.49 8784 08/01/22
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Begin Date: 08/01/2022 End Date: 08/31/2022
0 0. 0 0 . 0
Fran Ant:
Trophy CLub No.]. Sepm:02r 2117;2022 Meeting Agenda Paeittjet 2
AP Checks For DateAknount Range
.00 To Amt: 99,999,999.99
• • • • •
-.-.•.•.•.•.•.•.•.•..•...•. • • •.•:•:•:•:•:•:•:•:•:•:
554106A 07/31/22 P 135-20050-
998 CEGIELSKI, CYNTHIA 00 0000: 16A 07/31/22 P
00.0
0 0 0
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A/P Vendors
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A/P Vendors
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06.32 8787 08/01/22
06.32
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70.90 8789 08/01/22
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43.35 8795 08/01/22
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• • ••••••
• • • 1:.t0h
808.79 8799 08/01/22
808.79
286.76 8800:::08/0.
....•.•.•.•.
apackaut2 skrolczyk
Begin Date: 08/01/2022 End Date: 08/31/2022
Totals for Check: 8802
: :,IAJML!kiX :JJIV
•Date. StatN
........
U9035170002901A 07/31/22
:• • U9°123..°'°..°*°
PAOIT
00 0,0000
Totals for Check: 8804
.07/31/22
I1OIA' 07/31/22"
: •
: • : • : •
Fran Ant:
Trophy Club MJD No.1 Seployattlfar 2117;2022 Meeting Agenda Paeittjet 3
AP Checks For DateAknount Range
.00 To Amt: 99,999,999.99
: : •
r • :::::::::::::::::::::::
• • • • •
. • .
.2000.-.990 -00°
• •
: 4404111:
.10 :•:•:.: : • • • : •
A6:40
56.90
29.97
8802 08/01/22
••••••••.......
" 998 SHAW, B.J. 00020540014201A 07/31.2/2 P 135-20050- 000 —A/P 32.00 8806
Totals for Check: 8806
998 SOLAN3.„ FRANCISCO
Totals for c1101; 8807
•
Totals for Check: 8808
3184 DATAPROSE LLC
000
00023110007206A 07/31/22 P 135-20050-000
U001
0000
• 3352:
00 0
000
000
000
32.00
A/P Vendors 118.50 8807 08/01/22
118.50
A/P Vendors • • 99:01 8808 08/01/22 • •
99.01
DP2202782 07/31/22 P 30 135-60035-030-000 Postage
3184 DATAPROSE LLC DP2202782 07/31/22 P 30 135-55205-030-000 Utility Billing Contract
Totals for Check: 8810
.....•.•.•.•.•.•.•.• •
o6.2145
-•-•-•-•-•-•-•-•••••-•-• • • • • • • • • •-•-•••••
... .............
••••:::2497•••CHS.PLI174471014•'•
;.• . • •/•02/22:::::.
. : :•••:•:•:-:•:•:-:•:•:-:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•
3540005..4
:550806204000:-:- •
2606 Fisery Solutions, LLC 90063714 07/30/22 P 30 135-.1)11,0-030 000 Service Charges & Fees
• • • • • • • • ••• • ••• • • •• • ••• • ••• •
• • • • • • • • •
:::aza-taaaatuataaa::::::::::4rittaCurEtays
2635 Hilff Associates, INC " • • " 10077652 "
Totals for Check: 8813
e/29122 " 1;0 "135-690054.4-0 00" " Capital Outlays " • • • " •
%/,91912 8810 08/10/22
624.02 8810 08/10/22
2,434.14
50.00 8812 08/10/22
... . . ...... ............. 0,0.0 .. • 5.014:20',.,8814,18/10/22:-
3124 IRS Tax Payment PR00763 996 08/06/22 P 135-21303-000-000 Soctal Securtty Tax •:•:•/.••••••••:-: . : .... • . :•: ... • .. . ...
93
28 8814
22
3124 IRS Tax Payment )763 996 08/05(22 •-:
000 000 Medtcare Taxes1,28472 8814 08P'
Tot.61§•fcir 'ChOtk " S814' " •
3195 LOU'S GLOVES INCORPORATE) 049876
x..Intals for
08/08/22 P 20 135-65045-020-
000
Lab Supplies
apackant2 skrolczyk
Begin Date: 08/01/2022 End Date: 08/31/2022
:INIIPY! ve11114.R!r: !!`c!t: : : : •
2650 McClatchy Company
2650 McClatchy Company
Totals for Check: 8816
Date•:•:•
Fran Ant:
•.•.•.•.• • ••••••
-.-.300789••••••• 08/08t12
300785 08/08/22 P 30 135 -60125 -030 -
Trophy Club MUD No.1 Seployattar 2117;2022 Meeting Agenda Paeittjet 4
AP Checks For Date/Amount Range
.00 To Amt: 99,999,999.99
Advertising
.•.•.".•.".".•.".
•• )kult1:4•Y;511
:•:•:•:•:•: r ..• • • • • • • •
..t;296:28%%%8816 664,022-
4,446.36 8816 08/10/22
9,736.64
•:•. . . . . . . . • .• : :• :•:•:•:•:•:• :•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:• :•:• :•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•
• • • • • •••••• .• • • • . • • . • ••• • .• . • • • • • • • • • . . • • . • • . • • • • • • • • • • . • • . • • • • . • • . • • . • • • • . • • • . . • • • • . • • . • . • • . • • . • . • • . • • . • . • • .
0 0 0
• • • • • • • • • • • •:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:••• • • • ...... • •.• • • • • • • • • • •.• •.•.•.•.•.•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•
•:':i0e..:00.Pk;:•••••0.01.7:::::••••••••••••••••••••••••••••••••• •••••••••••••••••••• • ••••••:::•••••••••••:•:•••••••••••••••••••
2763 Novabc
Totals for Check: 8818
"
. .•.• .•.".•.•.'.•.
2344
3156 OXIDOR LABORATORIES LLC
Totals for Check: 8820
.3156: :LABGRATIESkLC::
•::::::TotaL4: for heck 8&2i
22070586
3156 OXIDOR LABORATORIES LLC 22080100
Totals for Check: 8822
• • ..-•.••••••••.-. ,:••••• •• •••.•:•:•:•:-• • • •
: • : • *j3; iNiiii.A4e1An4X0* J.4:: • :• : • : • :*: : • : • : •••-•
•:•::::tOtel:k•fOr4:th•kki • ••••••••••:•••••••••••••••••••• ::•••••••••••••••••••••• •
.........................
08/02/22 P 30 135-55030-030-
0 0 0
Software & Support
10,300.00 8818 08/30/22
10,300.00
. . . . . . . . . . . . . . . . .
(.9.0-000 • • Naintenance :&
. . •
.•:•: . . : :•:•:•:•:•:•:•:•:•:•:- :•: .•.•.• .•: :•:•:•:•:•:•:•:•:•:•:•:•:•.•.•.•
07/29/22 P 20 135 -55135 -020 -
:135-55135-020-
P 20 135-55135-020-
08/05/22
0 0 0
0 0 0
0 0 0
Lab Analysis
404
Lab Analysis
290.40 8820 08/10/22
290.40
••
.•... •.. •.•.•••••••••••••.....
360.00 8822 08/10/22
360.00
. . .
••••:00/10
•.•.• •....
2,856.60 8824 08/10/22
2,856.60
•
: :A:Repatrs.CirlieettOht:•:-:•••:•'
. . •
4
.•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:.:
1466 POLYDYNE, DIC 1571452 10/05/21 P 20 135 -65030 -020 -
Totals for Check: 8824
0 0 0
Chemicals
• • •••••••:•••••:••••• •
:'..506.;810.204000.•
•.•.•• •.• .•. .• • . • . .•.•. . . .
• • • • • • • • •
..-.••••••••••••:•:.:
• •
-:•:-:•:-:-:•:- .
.•.•.•.•.•.•.• .•.•.•.•.•.•.•.•.•
•••••••••••••••••••••••••••••••••••
••:•:•:•:•:•:•:•:•:•:•:•:•:•:•:
" •
. . . . . .•.•.•.•.•.•.•.•.•.•.•
• • • •
. . . . • •
08/10/22:::::••••••••••••••:•:•••••:•:•:•:•.....
. . .'.•.'.•.
3110 PUI3 SOWTIONS INC 2022-04277 04/20/22 P 10 135-55080-010-000 Maintenance & Repairs 626.50 8826 08/10/22
:-:•: :Tptalis:for•Ctnech:•: :•:-:•:•:•:•:•:•:•:•. • •••••••••••••••••••••••••••••••••••••••••••••••••••••••:•:-:•:626:50:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•.
••••:•:•: •••••• •••:- .::::::::•:•:•:•:•:•:•:•:•:•• • •••••••••••••••••••••••••••••••••
::::::::'2806 • • • :1;069.99: • • .8827 • 08/10/22 •
2806 Robert Half Interna-tional; Inc•0,649.92is " 08/09/22 13 • ..30"135-55070636.-0 0 0 • • Independent' Lahne • • " • " • • 973.29 8827 08/10/22 •
Totals for Check: 8827 2,043.28
::•••••••:31.1.3 TCDRS PR00763
Tat&
s for Check: 8828
2696' Texas' E*cavat.ton Safki System.2i:146j
2696 Texas Excavation Safety System 22-13468CR
Totals for Check: 8829
•:C
•:-:-:•:-:-:•:-:-:•:-:-:•:-:•:-:-:•:-:-:•:-: .
996 08/06/22 P
• • • ••:•:•: • • ' • '
• • 07/37./77•"'ii''"o''Ij500 • • tarkitce• CharC;ias• • • • •
07/31/22 P 30 135- -030- Service Charges & Fees
. ..........
•
........
. 0 0 0
. 0 0 , 0
0
0 0 0
••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••
-.• • • • • • • -
,..4,504g• • • •
8 276 19 8828 08/10/22 • • •
8,276 10
• • : : : : : :
6613:03/22
(43.70) 8829 08/10/22
189.05
0.
.-.-.-.-.-.-.-.'.
. . . . .•.•.•.•.•.•.•. .
. . . .•.•.•.•.
apackamt2 skrolczyk
Begin Date: 08/01/2022 End Date: 08/31/2022
16e1TROPHY CLUB
1001 TOWN OF TROPHY CLUB
1001 TOWN OF TROPHY CLUB
TOtals . for .
totati :65i. Check: 8831............
000
: •Date. Stat
.-.• . .
.•. .•. .•.
JULY REFUSE"'"07/31i22"
JULY REFUSE 07/31/22 P 135-25010-
080422 08/04/22 P 45 122 -60337 -045 -
Fran Ant:
Trophy Club NJD No.1 Sep:Wu:tar 2117;2022 Meeting Agenda Paeittjet 5
AP Checks For DateANnount Range
.00 To Amt: 99,999,999.99
.•.•.•.•.•.
Refuse Tax
Transfer to Town/Fire Budget
• • • • • • • •••••.• • • • • •
" " " "•••.•••••.••• • • •••••••••.
. . . . . . . .
• Valne::•:•:•:•:•: ••:•• ••:•:•:•:•••••:•:•:•:.
•.•.•.•.•.•.•.•.•.•.•.•.•........ "•"•:•:•:•:•:
81,110.37 8830 08/10/22
6,729.53 8830 08/10/22
74,891.66 8830 08/10/22
195,224.63
658.26:::. •
658.26." "
•
TROPHY CLUB NJD (WATER BILLS) 07312022 07/31/22 P 30 135-60025-030-000 *ter 351.80 8832 08/10/22
351.80 :
- 2798 Tyler
1,495.88
Logws
c 025-390006
• ..... .-.•.•.•.•.•.•.•.•.•.•.•.•.•.-.•..-.-..-.-..- • • • • • • • • • -•-• • ••••••••••••• 8833 08/10,'22
2690 Universal Blower Pac, Inc 17540 07/25/22 P 20 135-55080-020-000 Maintenance & Repairs 10,410.56 8834 08/10/22
•:•-• . Totals for Check: • 5031: : : : : : : : : : : : : •
•••••• • • :
2634 Val.ty..Sol.yent : : : : : : :.0.7/2. 8/22..:.: P.: :.,4.)....1.3.50.0.104.0600::.: '
1 234.10 ..-..:8835. 08/19/22
' • • tittati for theCk! 8835 •••••• • ••• • ' • ' ' • • • • • • • ••••••• • • • -• ••*••• •• • • • ••••• •*•••••••:"."•."•••••••••••••••••••••••••••••••••••••••••••1.234. 10
•: • • • • : • • :
10,410.56
1058 VERIZON WIRELESS 9912357003 08/01/22 P 10 135-60010-010-000 Conmunications/N3biles 403.83
-:-:•1058:•.VERTZ0N:WIRELESS.•:-:•:-:-:-:-:-:-:-:•:::::9912357003::-:-:•:-:•08/0;f22::::::P.::::::20.:1356001.002000:::::::::cemiltn!ifatfi.plebtl:::::::::::::::::::::: 909.65
i-atits:for• Check: •: : 8830:•:::::::::::::::::::::•:-:•:•:-:•:-:-:•:-:-:•:::::::•:-:•:::::::::::::::::::::-:•:-:-:::::-::::::::::::.•.-:-:•:•:•:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: 1,313.48
• - • • - • • • • • • • • • • • • • • • • • • • • • • • • • • • • • ................-.• ....-...-.-.........-.....-................................
• • • • •••• • : • • • • • .-...__.- ..-.-.•.-.-.•.-.-.•.-.-,:z.L.L:„....•-.-.•.:z.•..._._..,__ . .............................................
3280 WATTS ELLISON LLC '30413—"'"'07/277-22"P'"10'135-60285010-000 "Aa60'EquipMentlillaintenandd ' 600.00
3280 WATTS ELLISON LLC 30413 07/27/22 P 20 135-60285-020-000 Lawn Equipment &Maintenance 710.00
3280 WATTS ELLISON LLC 30413 07/27/22 P 30 135-60285-030-000 Lam Equipment & Maintenance 469.67
::::Totals:for Check: 8837 .....:••••:•:.::::::::::::::.::::::::::::::::::::::::::::
:::::::::::-:-:•:::::•'.::: -•:•:-:•:•:-..•.•.-. '•'•:::•:•:•:::::::::::•.•::::::::::.::::::•......
:•:•:•:-:•2/49: :Aqua -Metric Sales Company • ' N 00' 0i66- . :.:::iii/12/22.::::*:::::: 135-55080-010-000::: ::Matirkeriarice::&:tbiliatt's::-:.:-••••••••••••••
..................
• Total.s for Check: 8838 " " " " " • " • " ............. ....
8836 08/10/22
• ..
8837 10/22 •
8837 08/10/22
8837 08/10/22
'-'•':::447.7.9.;:67:•:•:•:. • • • • • • • • • • • •
... . • • •
1,000.
• •
.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•
• •:• :•:•:• :•:•
2920 CARENOW CORPORATE U1536-4134413 08/08/22 P 20 135- -020-000 Pre-emp Physicals/Testing 38.00 8839 08/17/22
x.:-Tatals:for Check:•
............ ••••••••• .......::::::::::•:::::•:::•::. 38.00• •.•.-.• • • • • • •.• • • • • • • • • • • • • • • • • • • • •
.............. ....•.•.•.•.•.•..•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.
2683 : 6hartei-..tpaniunications : 899
TotaLs for Check: 8840 899.00
00.0
2655 Core & Main LP R254861 07/29/22 P 10 135-55080-010-
2655, .Core &Main •LP- •••••••-•,' 117/26/22...•P...•.,.1.0x1355508013.10t
•:•:•:•:
2558 FIRST CHECK APPLICNIT SCREENDI '21338" " " " • ci7j3iiii • • *-0•20
2558 FIRST CHECK APPLICANT SCREENIN 21338 07/31/22 P 30 135-5 -030-
Totals for Check: 8842
.....'.'.'.'.'.'.'..
....•.•.•.•.•.•.•.•.•.•.
00.0
00.0
000
000
000
000
Maintenance & Repairs 1,141.48 8841 08/17/22
•-.:-.:..Naiptenance.6!pepairs 923.78 8241..08/47/22.
• •.: •:•:::::::.: : 2,065.26 • • •••••••••• ••••': • •
Prnp PhySical.s/TeSiing " 73.45 .8842
Pre-enp Physicals/Testing 71.45 8842 08/17/22
144.90
;10. •
.....•.•.•.•.•.•.•..
• • • • • • • • • • • • • •••••••• •.•.•.•.
• .••• • • •••••••• • • • •.•.
•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•........
•.•.•.•.•.•.•.•.•.•.•.•.•.•.•...
• • • • • • • •••••• • • •.•.•.
• •
.....•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•. •
.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•........ .•.•.•.•.......
14 Ot 12/
....•.•.•.•.
apackamt2 skrolczyk
Begin Date: 08/01/2022 End Date: 08/31/2022
:•: : W114411 :VRlUI 1I
• • • •
"
Totals for Check: 8843
•:•:.
:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•.
• • •
1372 HACH COWAN( 13162552
Total.s for Check:
. . . . . . . . . . . . . . . . . . . . . . . . . .
.
3278 • KYOCERA:DOCUMENT' SOLUT.ZONS::5SR1,004104:::::::::::
3216 M3 Networks 8226
•
3113;
3156 OXIDOR LABORATORIES LLC 22080157
Totals for Check: 8848
Fran Ant:
•.• .....
r::::•:•: :•:•:.
••:•:•:•: •:.:
07/26/22 P 10 1.35-65030-010-
000
•:•:•:•:•:•:•:•:•:•:•:•:•: : : : : : :
• 135-69170-030-00
08/15/22 P 30 135-55030-030-
- •
. *.:(j •
08/09/22 P 20 135-55135-020-
1466 POLYDYNE, INC : : :1666910 08/10/22
Totals for Check: 8849
2806 Robert Half International, Inc 06123107
'-'•:-:-.-2806.-Aobertlialtinternattonal-i'-Inc10528593
2806 Rthert If Internatton&., Inc 59949247
• Total.s for Check: 8850
:::»:135-65030-020-
000
000
000
Trophy Club MJD No.1 Sepliencilmr 2117;2022 Meeting Agenda Paeittjet 6
AP Checks For DateAknount Range
.00 To Amt: 99,999,999.99
Value Ntirter :•:•:•-• •••••:•:•:•:•
1,000.00
Chemicals 1,534.40 8844 08/17/22
' ' • : .1,534.40
110.49
Sof-there & Support
................................
•••••••••:•••••••••••••••••••••••••:•:•:•:•:•:•:•:•:•:•:•:•:
:
Lab Analysis
Chemicals
06/07/22 P 30 135-55070-030-0 o 0 Independent Labor
05/10/22 P 39 135-55070-030-000 Independent Labor
........
-.•.•.. .'.• •..•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.• • •••••••••••.•.-.•..• •..•.•
2440 TARRANT CTY PUBLIC HEALTH LAB 37084 07/31/22 P 10 135-55135-010-
000
2440 TARRANT CTY PUBLIC HEALTH LAB 37085 07/31/22 P 10 135-55135-010-001
Lab Analysis
Lab Analysis for PID
•
••
2798 Ty1. Tethriologut; Inc • • ' • • .025-390092 08/10/22 • • P • • ' 30 • 13569005--030000 • ' • * • Capital* Oirelays' • • " • '
Totals for Check: 8852
pipe : ct.naning
..•.•.•
596 08/05/22 P
. .
2222 AFLAC PR00764 996 08/19/22 P
Totals for Check: 8854
522.00 8846 08/17/22
• • • : : : : :
: :•:•: : : : : : : : : : : : : : : : : : :
5,475;50
5,479.50
408.00 8848 08/17/22
408.00'•
4 046 85 8849 08/17/2.2
860.85 8850 08/17/22
957 8850 08/17/22
2766
: :•: : .•.•:
480.00 8851 08/17/22
80.00 8851 08/17/22
130.00
3,120.00
:•:•:•:•:•:•:•:•:•
••••••••••••••••••••••••••••••••• • • • • • • • • • • • •
• •
• 135•-23..31.200•0 000• • • • • Anat • Ziti:96'.• •8854 08/31/22
135-21312-000 -000 Aflac 202.90 8854 08/31/22
...............
2772 ALU.edINteioe Industrtes 0615-001399028 07/31/22 P 20 L3555125.020-000
• • • • • :::: • •
8855
.•.•.•.•.•.•.•.•.•.•.•...•.•...•.•.•.•.•.• .•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.
r:
Maintenance & Repairs
Maintenance & Repairs
• '•'•:•:•:•:
405.80
. •••.•
5;140•::36:::: 8855 08/31/22 • •
............. .......
42.00 8856 08/31/22
42.00 8856 08/31/22
....•.•.•.•.
apackamt2 skrolczyk
Begin Date: 08/01/2022 End Date: 08/31/2022
•:•:•
Fran Ant:
. ..... .....•.•.•.•.•.•.•
r.:-:•:•:•:•:•. :•:• •:•
• • :•:• •:•:•:•:•:•:•:•:•:•:•:
• kliodis Si training
1244 ASSOC OF WATER BO= DIRECTORS 202803 • 00129722 20• 135
-
Totals for Check: 8857
Trophy Club MJD No.1 Sep:km-tar 2117;2022 Meeting Agenda Paeittjet 7
AP Checks For DateANnount Range
.00 To Amt: 99,999,999.99
::::::::::: :::• .... :•:•:•:•:•:•:•: :•:
'08/31/22"'
575.00
• :• :• :• 3197 •-8enefitMall.:•:•:•••:•:•:•:•:•:•:•:•:•:•:•:• • • . 09012072•:•:•:•••••:•:00/07/22•:•:•P••:•:•:10:•:135:750020t0.10.-000:•:•:•:•:•Life:Tnsurance:&:Other:•:•:•:•••••••••••••••:•:•:•••••:.3.7•00:•:•:.0058:.:08/3.1/4:•:•:•:•:•:•:•:•:•:•:•••••••••••••••••••••••••••:•:•:•:•:.:•:•:.
• ..•.•............ . . . ......... ............. .....
. . ••••4.-:.:•:16:.:335-,500.29020•,000•-•••••••.•i.ife•initr•anties&• r• -•••••••••••••••••••••••••••••••••U 00, -'• • • 8858,18/31/22% ' -'•'-'•'•'•'•'•'•'•'-'•'•' -'•'•'•'•'-'•'•' -'•'•'•'•'-'•'•' -'•
........... ............ s'.'.%%:•'..'..:•:•:•:•:•:•:•:•.;• • ' • .... ........
.:*3197:::BehefiltMal1::::•:•:•:•:•:•:•:•:•:•:•:•:•:•:-.-.090.12022::::•:•:•••:•:. 7* • *•:30:135;'50029.430-000:•:•••••••••Life:X0SOraite:&:: • ••••:•:•:•:•:•:•:•:•:•:•:•:•:::22.00:::::::8058:::08/31./.22::::•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:
• ......
1030 CITY OF FORT WORTH 08172022 08/17/22 P 10 135-60150-010-000 Wholesale hater 355,710.99 8859 08/31/22
: :Totals:for :check: 8859 : ".-: : ".- • : : : ".-: : ".-:".- 355,710.99
. . .
3193:::Cd4OPAY, INC, ::00/ : : •4331.3400-400::: 287.50 .
Totals forCheck: 8860 " " " "" " "
2497 DHS AUTOMATION, INC
06-2152 08/3.9/22 P 20 135-55081-020-
000
2497 .DHS.AUTOMATION;.:INC : 06-2152 •:-.00/19/22:::.:P.:::::20:335•7550807020 -000::
497:::009:01T9MAT10.6;40(::: . .
000
Mainten & Repairs Collections 1,190.00
474.56
it4:011e0Lons 1,060.00
724.56
1026 FEDERAL EXPRESS CORP 7-760-54663 05/19/22 P 30 135-60035-030-000 Postage
1026 FEDERAL EXPRESS CORP 7-746-03435 05/05/22 P 30 135-60035-030-000 Postage
Totals.:for Check: 8862
406:::064§ii:tkilti,§::. .................i,4... • .. • • ".•• • ./.04i.iii:::..p:::::::::*.:.::12.5.466, - . " " " • " - • . - .. - •••••••••••••••••••::::::::•:•:•:•:•:•:•:•:-:•:•:-:::•:::
.•.•.•.•.•.•.•.•.•.•.
- • • - • • • • • • • .... • •
••••••••••••••••••••••••
TOtaiS for Check: 8863 "' ................................
1026 FEDERAL EXPRESS CORP
Totais for Check: . 8864 .
EXPROSS:: • •
7-797-16949 06/23/22 P
•••••••••• • • • ••
30 135-60035-030-000 Postage
...•.•...•.•...•.•...
2796 Garver 21105182-1 07/29/22 P 20 135-69005-020-
0 0 0
Capital Outlays
:
••••••••••— ........ .. . .
" " '1372 R4CH 0317N4Y " 33208999 08/23/22 P 20 335-65045-020-000 Lab Supplues
Totals for Check: 8867
2676 Huiaa In 255516941
• • • • • ine • • • • • • • • • • • • • • • • • • •ist3.6§43.
2676 Humana Inc 155516941
2676 Humana Inc 155516941
:.:.:.:.:.:.::::::::::::::::•:•:-:•:•:-:•:•:•:•:•:•:•:•:•:•:•:•:•:•
.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.
000
000
7 0. 0 . 0 .
009
)35-23313.-
000 000
09/01/22' • • P• • • ID 335-50029-010-
09/01/22 P 20 135 -50029 -020 -
09/01/22 P 30 135-50029-030-
'•'•'• •••••••••••••••••••.
• • • • •
......•.•.•.•.•.•.. ...•.•.•.•.•.•.•.•..
000
000
000
—616 iituearkd &
Life Insurance & Other
Life Insurance & Other
.....•.•.•.•.•.•.•.'.'.'.
8861 08/31/22
07.91 8862 08/31/22
07.66 8862 08/31/22
04.53 8864 08/31/22
-:•:-:•:-:-:•:- .
.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•
18,893.06 8866 08/31/22
• .
219.74
::.1i203.82.:::8868 08/31/22
253 67 8868 08/31/22
8868 08/31/22
108.90 8868 08/31/22
151.80 8868 08/31/22
••• • •-• •••••••••••••••••
••'•'•••'•••::::::::::::::::::
.•.•.•.•.•.•..
....•.•.•.•.
apackaut2 skrolczyk
Begin Date: 08/01/2022 End Date: 08/31/2022
3124 IRS Tax Payment.'
3124 IRS Tax Payment
3124 IRS Tax Payment
:Totals for
TOtaS fortrita!'
• : :4111VY.144 :111111140 : : • :•4•HVg..!!,W.:::#•.1.1y::
• • : : : : : : : : •
PR00764 996 08/19/22
PR00764 996 08/19/22
PR00764 996 08/19/22
2285
Fran Ant:
Trophy Club MUD No.1 Sep:Wu:tar 2117;2022 Meeting Agenda Paeittjet 8
AP Checks For Date/Amount Range
.00 To Amt: 99,999,999.99
'•'•'• • • -• • :•
r •
• • ' • ' • '•
P 135-21303-
P
0 0
0 0 0
0 0 0
0 0 0
P :: 30 335-55080-030-00
2943 JPMORGAN CHASE OW NA 08262022 08/26/22 P 135-2
00.0
0 0 0
0 0 0
PR00763 996 08/05/22 2.O000O00
3132 Legal Shield PR00764 096"08i19J22"*""*"."I352i.11.0. 000
Totals for Check: 8872
2790 M -Co Construction, Inc
:::::rOtels for Check: 8873
.•
3115 METLIFE GROUP BENEFITS
3115 METLIFE GROUP BENEFITS
:x.3115 METLIFE:GROUP.RENEFITS..
for Check: 8874
:•: : :•• :
2760 MDS Leasing """""•
Totals for Check: 8875
PAY APP 11 08/29/22..::P:
09012022'.' • • • • • 09/002— • •
09012022 09/01/22 P
09012022 09/01/22 P
0 0 0
10 520-69005-010-000
000
135 -21315 -
10 135 -50029 -010 -
20 135-50029-020-
•••••:•:•:•:•:•:•:. • :•:•:•:•:•:•:•:•:•:•:•:•:•::
08/20/22 P 30 135-69170-630-
0 0 0
Social Security Taxes
Medicare Taxes
44,44111. : • : •liAftecn• : • : • :•wocis•:•:•:••-••-••••••••-••-••-•
..................... ..... ...........
:•:•:•:•:•:, r•:•:•• ••••••••••••••••••••••
• • • •.•.•.•.•.•.•.
•.•.•., .
512594 8869-66/31/22-%
5,735.30 8869 08/31/22
1,341.30 8869 08/31/22
•
Procurement Clearing 7,511.59
•
Legal. Plan 17.44
34.90
Capital Outlays
'''''''''''
Life Insurance & Other
Life Insurance & Other
• • •
:•••:•
Copier Leate Installmentt'
8871 08/31/22
• • " • • •-•.-:-:
...•..•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•
• • • •
8872•••08/.31/22 ••••••••••
8872 08/31/22
82,781.93 8873 08/31/22
82,781.93
40.21 8874 08/31/22
125.46 8874 08/31/22
98.84 8874 08/31/22
0874 08/311.2;
• 422.28:::::: •
175.00' 8875 08/31/22
175.00
. . . . .
• :• :•:• :
::::3179:4W GEN sTiwrEGIF.5.E...).L.u.r;cr.I:14.174:... ..9.......30...1!75.516070307000.....Professional.Outside Services.
•• •.•.•.•.•.•.•.•.•.•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•::: • • • • :::•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:..:: . •:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•••:•:•:•:
• • • • 1056'OFFICE' DEPOT; iit• • • • • • • • • • • • •S96611.61•061. • • • 60/09/22 P•• • jo• • i.1,56660.6.-030000 • • • Office Sdailies• • • • • • • • • • • • • • • • • • • • • • ' 68.14. ••••••86'77 'tilii-si/&"""*.""'"*.""'"*.""'"*.•
1056 OFFICE DEPOT, INC 258565284001 08/15/22 P 30 135-65095-030-000 Maintenance Supplies 110.09 8877 08/31/22
1056 OFFICE DEPOT, INC 258621236001 08/16/22 P 30 135-65095-030-000 Maintenance Supplies 24.78 8877 08/31/22
261781479001 ..0.8/1.8/72 Supplies :.•:•:.x.x.:•'..x.x.:•:•x.:-.56.03 8877 .18/31/22
TotaLs for Check 8877:259 04: •
. . . . . . . . . . . . . . . . . ................................................................. . . ..........................................................
3156 OXIDOR LABORATORIES LLC 22080248 08/15/22 P 20 13555135-6200•0.0""...ia6 An.alySi"""'"290.40 8878 08/31/22
Totals for Check: 8878 290.40
0 0 0
0 0 0
••• • Lab ••
. .
• ilitetee4ite
. . . . • .• .
apackamt2 skrolczyk
Begin Date: 08/01/2022 End Date: 08/31/2022
Fran Ant:
• : • -1.151!!!' • : • riglPF: • : • : • : • :41111M.144) :1114111•Fq• : • : • : ,IAJMY MX. • : : • : . . .... .•.•.•.•.•.•.•.•.•.
• • • • . . • .
• • • • : • : • : • : • : • : • : • : • : • : • . • : • . • • • •Date• : • : • •
• .• : • : • •.• : • •.• • : •
• • • • • • • •
2633 Sluder Energency iskit;if• Service' 2868 08/22/22 1' 10 1.16.-66088016-
2633 Sluder Emergency Power Service 2868 08/22/22 P 30 135 -55085 -030 -
2633 Sluder Emergency Power Service 2868 08/22/22 P 20 135-55085-020-
. TOtals for Check: MO2 ..:.: ••
3156 Soirthnen:poplic:
000
000
000
-55]35-02000
Trophy Club MJD No.1 Seplienalfar 2117;2022 Meeting Agenda Paeittjet 9
AP Checks For DateANnount Range
.00 To Amt: 99,999,999.99
Generator Mairrt. and Repair " •
• • ii61.64:••••:•: • • nitithei-.•••••••: Date ••:•'•'•'•'•'•'•':':':
........ ...•.•.•.•.•.•.•.•.•
.•.•.• .•.•.•.•.•.•. .•.•.•.•.•.•.•.•.• • •
951:60 8882 08/31/22..........
Generator Maint. and Repair 716.79 8882 08/31/22
Generator Maint. and Repair 4,289.06 8882 08/31/22
. . . . . :•:•:•:•:•:•::. 5,957.45 .
..
290.40;
••.•••••••••••••••••••••••• .
3313 TCDRS PR00764 996 08/19/22 P 3.35-21317- 000 000 TCDRS 8,719.56
: TotalS fOr Chea; 8884.- •: :• .•. •. : .•: :-.•: :•.•: :• •: • •..•...•...•..-.•..•.•: :•.•: :•.•: :•.•: .•...•..-.•..• • .•.•: :•.•: •• •• • • .•. :-.•: •• •• •• •• ••• •• •• •• •• •• • •• •• •• 8 71956
. •
2798::Tyler:Tedinologtes, Inc ••••025,..391914 08/16/22
.
2798 Tyler Technologies, Inc " 025-392525 08/24/22'p ...30..13569005-030-o00..... '30"3.35-69005030- " " Capital Outlays • • 3,601:50
Totals for Check: 8885 7,232.50
• :•.• :3225: •US : Bank Voyager:Fleat: :Sytems 8693381112235 : • :::08/24/22:::::P:::::::1.0::::135-765005if.010.70.0.0.:::
3225 US Bank Voyager FLeet Systens .868338114223.6••.:0044/.22:.:: •
•:.::.:::•Ti•taL4.:foi-.:theek:::.:.•:•:•:•.-:•••••••••••••••••••••••••:::•:•:•:•:•:•:•:•:•:•:•:•:::•:•:•:-.••••••••••••••••••••:-:
998 WILSON, AMY U9046070019902R 08/22/22 P
Totals for Check: 8887
998 BOWER, KINNERLY
Totals for Check: 8889
•••••
998 CURTIS, COLE
Totals for Check: 8891
•••• • • • • • • • • • •••••
998 KAUR, PPRIIIDER
Totals for Check: 8893
•••••••••••••
998 MARTINEZ, OSWALD()
Totals for Check: 8895
•.•.• •.• • •.• • •.• • •.• • •.• • •.• • .• •.•.• •.•.• •.•.• •.
.•.-.-.•.•.-.•.•.-.•...•.•...•.
135-20050-
•.•.•.•.•.•.•.•.•.
U0050160006108A 08/31/22 P 135-
0 0. 0 0
0/ 00. •
0101M:
78105A 08/31/22 P
..........
3:00E*4: %id
:..................•••••••••
.•.• • • • • • • • • •.•.• •
.•.•.•.•
00 0.
70027203A 08/31/22 P
11000.126511A •
00 '0
121534205A 08/31/22 P
U146,120$8 88
00.0
000
000
•:•:•:•:•:
000
000
A/P Vendors
A/P Vendors
A/P Vendors
00 A/P Vendors
135-20050-000 -000 A/P Vendors
8884 08/31/22
8885 08/31/22"
2,272.55 8886 08/31122:•:
1,198.67 8886
3,471.22::......
36.42 8887 08/31/22
36.42
: 23: P•159:••• :
69•••••:
•:•:•:•:•:•:•:-
:••••••:::
•••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••
• • ••••:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:::::::
•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•.•.•
85.38 8889 08/31/22
85.38
• .
::::::::::::.98.::::.....:::::.::.:::::.::::::.::.::.:.::.:.:
..........
41.09 8891 08/31/22
41.09
•••••••••••••••••••••••••••••• • • • • • • • • . • ............................
26.94 8893 08/31/22
26.94
.......... .......-.:.:.:.:.:.:.:.:.:
70.38 8895 08/31/22
70.38
.....•.•.'.•.
....•.•.•.•.
apackamt2 skrolczyk
Begin Date: 08/01/2022 End Date: 08/31/2022
•
r::::::••••.•:•:•:•:•::•:• ::.:.........
Totats for Check: --8896
Fran Amt:
: ;11V+.144:' iii ':•:J1.1MY -:•#dW:•: :M U.UU114':•:•:•:•:•
::::::D:>::Stat•• •••No •Numher : ::
998 SUDDERTH, KIMBERLY & RANDY
Totals for: Check: 8897
998 .VON EHRENFRIED.;::FR RIg(
Totals for Check 8898' .............
00.00
0197104A 08/31/22 P 135-
:g0.U$mo OiiaA: Q8.
998 VON EHRENFRIED, FREDERICK KEVI U0
:': •:' Totals: for. • Check 8899:.: •: •: •:
998 : W11]'EkM;:�KYIE
Totals for Check: 8900
Grand Totals:
* Erid
f (Report
.0000.0
5-
00.0
102A 08/31/22 P 135-20050-
088332::
000
�200504007
..................
000
Trophy Club MUD No.1 Sep i i r 2117;2022 Meeting Agenda Paeittjet 10
AP Checks For Date/Amount Range
.00 To Amt: 99,999,999.99
:•11:444:6Z:LPLV4•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:•:':
AR Vendors
WP Vendors
: A/a: Veixlos:
Line .LL 0I LII 0 K :•••••}1[It3l,K ,
Value Nuiier ::::::Date
112.43 ..........
78.58 8897 08/31/22
78.58
724.85
724.85
408.74
1,193,715.37
.....................................................................................................................................
8899 08/31/22
...........................................................................................................................................................................................................................................................................................................................................................................
.............................................................................................................................................................................
.....................................................................................................................................................................................
......................................................................................................................................................................................
.....................................................................................................................................................................................
.....................................................................................................................................................................................
.....................................................................................................................................................................................
........
...................................................................................................................................................................................................................................................................................................................................................................
..............
CASH STATUS AS OF AUGUST 2022
1 35-1 02 50 TexPool 0 & M (XXXXX0002)-General Fund Operating ***
1 35-1 03 00 Prosperity Bank (XXX8701) General Fund Operating
1 35-1 03 05 Prosperity Bank Reserve -Savings Acct (XXXXX7724)
1 35-1 11 00 Petty Cash Administration
1 35-1 11 50 Petty Cash Utility Billing
1 37-1 02 50 TexPool 0 & M (XXXXX0002) GASB Replacement
51 9-1 02 50 Texpool Revenue Bond Construction (XXXXX015) SWIFT
51 9-111 55 Cash -Bond Escrow Bank of Texas (SWIFT)
520-1 02 50 Texpool Revenue Bond Water & Waste Water Systems 2019 (XXXXX018)
520-1 03 00 Prosperity Bank Construction Water & Waste Water Systems 2019
528-1 02 50 TexPool Revenue Bond Reserve (XXXXX014) WWTP Improvements
533-1 02 50 TexPool Tax I & S (XXXXX0003)
533-1 03 00 Prosperity Bank (XXX8701) Tax I&S
534-10250 TexPool Revenue I & S (XXXXX013) WWTP Improvements
535-10250 Texpool Revenue I & S (XXXXX017) SWIFT
536-10250 TexPool Revenue I & S (XXXXX020) Water & Waste Water Systems
Amount available in cash (MUD Accounts)
Amount available for spending (MUD Accounts)
*08/31/2022 Customer Water Deposits $326,470
Fire Department Cash
11 22-1 02 50 ITexPool 0 & M (XXXXX0002)-Fire Operating Cash
1122-10300 Prosperity Bank (XXX8701) Fire Operating
Amount available in cash (Fire Department Accounts)
Amount available for spending (Fire Department Accounts)
Total General Fund 135 Available for Spending
General Fund 135 Fund Balances
Nonspendable Fund Balance (Prepaids)
Assigned Fund Balance (FY2022 Capital Projects plus prior year carry forward)
Unassigned Fund Balance
Current Year Revenue/Expenses
Total Nonspendable, Assigned & Committed Fund Balances - General Fund 135
20 of 127
September 21, 2022 Meeting Agenda Packet
Restricted -
Unable to be spent
$0
$326,470
$1,482,870
$0
$0
$2,985,575
$0
$786,153
$1,550,139
$0
$898,822
$50,786
$0
$27,903
$6,542
$1,426
Unrestricted -
Available for
spending
$2,769,641
$5,458,679
$0
$150
$450
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$8,228,920 I
$0 1
$8,228,920
$8,228,920
$748,840
$0
$748,840
$748,840
$748,840
Total in Accounts
(Restricted &
Unrestricted)
$2,769,641
$5,785,149
$1,482,870
$150
$450
$2,985,575
$0
$786,153
$1,550,139
$0
$898,822
$50,786
$0
$27,903
$6,542
$1,426
$16,345,606
General Fund 135 Available
5,458,679 Prosperity General Fund
2,769,641 Texpool General Fund
600 Petty Cash
8,228,920
3,880
3,370,500
5,780,613
1,374,020
$10,529,012
$748,840
$0
$748,840
ebills
Bills Mailed
Bank Draft
Credit Card Draft
Online Payments
Late Notices
Disconnects
September 21, 2022 Meeting Agenda Packet
August Utility Billing Report
Fiscal Year 2021- 2022
August September October November December January February March April May June July August
2021 2021 2021 2021 2021 2022 2022 2022 2022 2022 2022 2022 2022
1264 1267 1338 1360 1370 1388 1420 1424 1465 1518 1566 1592 1629
3884 3878 3868 3863 3855 3855 3872 3864 3868 3865 3882 3872 3850
658 659 675 655 663 668 670 671 676 692 700 697 704
1386 1400 1414 1415 1415 1437 1431 1442 1455 1450 1456 1471 1484
1,186 1,191 1185 1166 1175 1,174 1,138 1,225 1,171 1,196 1,188 1,220 1170
327 336 390 293 362 377 362 326 355 284 339 387 310
22 23 18 12 1 3 5 8 9 9 4 7 5
Connections MUD 3397 3397 3397 3398 3398 3398 3401 3402 3400 3400 3401 3401 3398
Connections PID 1444 1444 1444 1443 1443 1443 1443 1443 1443 1443 1443 1443 1443
Active Residential MUD 3114 3111 3113 3111 3114 3112 3111 3118 3117 3119 3121 3119 3118
Active Commercial MUD 254 255 255 255 255 255 254 255 254 254 254 253 254
Active Residential PID 1406 1406 1406 1406 1406 1405 1406 1406 1404 1405 1406 1405 1406
Active Commercial PID 37 37 37 37 37 37 37 37 37 37 37 37 37
Date of
Permit
Permit No.
August Permits
Fiscal Year 2022
Customer Due to FW Oversize Plumbing Sewer
Deposit Water Meter Inspections Inspections
Fire Line Misc. Income Total
$
Total $ - $ - $ - $ - $ - $ - $ - $
21 of 127
September 21, 2022 Meeting Agenda Packet
FY 2022 General Fund YTD Budget Variance
Account
Description
FY 2022
Adopted
Amended
Budget
August
Totals
YTD Total
8/31/2022
YTD % Budget
(91.3% Target)
Remaining
Budget
General Fund Revenues
135-40000-000-000 Property Taxes 136,092 136,092 289 138,290 101.61% (2,198)
135-40002-000-000
135-40015-000-000
135-40025-000-000
135-47000-000-000
135-47005-000-000
135-47025-000-000
135-47030-000-000
135-47035-000-000
135-47045-000-000
135-47070-000-000
135-48010-000-000
135-49000-000-000
135-49011-000-000
135-49016-000-000
135-49018-000-000
135-49026-000-000
135-49035-000-000
135-49036-000-000
135-49005-000-000
135-49075-000-000
135-49141-000-000
135-49145-000-000
135-49900-000-000
135-49901-000-000
135-49903-000-000
135-00000-000-000
Property Taxes/Delinquent
Property Taxes/P &I
PID Surcharges
Water
Sewer
Penalties
Service Charges (Disconnect Fees)
Plumbing Inspections
Sewer Inspections
TCCC Effluent Charges
Utility Fees
Capital Lease- Other Fin Sources
Interest Income
Cell Tower Revenue
Building Rent Income
Proceeds from Sale of Assets
Prior Year Reserves
GASB Reserves
Loan Proceeds
Oversize Meter Reimbursement
Interfund Transfer In
Intergov Transfer In
Miscellaneous Income
Records Management Revenue
Recovery of Prior Year Expense
Reimbursement
ITotal
300
300
165,537
6,033,776
3,824,473
94,826
14,000
750
2,500
50,000
15,000
14,146
10,000
300
300
165,537
6,033,776
3,824,473
94,826
14,000
750
2,500
50,000
15,000
14,146
25,000
524,000
2,058 2,058
7,000
7,000
2 (184)
27 511
6,027,222
3,487,571
95,738
4,570
450
100
97,075
14,261 50,918
2,358 12,967
21,001
939,810
326,672
9,969
325
150
50
23,134
-61.27%
170.26%
0.00%
99.89%
91.19%
100.96%
32.64%
60.00%
4.00%
194.15%
0.00%
0.00%
339.46%
91.66%
0.00%
84.00%
0.00%
0.00%
0.00%
360 2,261 109.88%
0.00%
0.00%
3,711 7,834 111.91%
0.00%
85,000 0.00%
0.00%
484
(211)
165,537
6,554
336,902
(912)
9,431
300
2,400
(47,075)
(35,918)
1,179
3,999
524,000
(203)
(834)
(85,000)
10,370,758 I 10,909,758 I 1,321,116 I 10,031,324 I 91.95%
878,434
Water
135-50005-010-000
135-50010-010-000
135-50016-010-000
135-50017-010-000
135-50020-010-000
135-50026-010-000
135-50027-010-000
135-50028-010-000
135-50029-010-000
135-50030-010-000
135-50035-010-000
135-50040-010-000
135-50045-010-000
135-50060-010-000
135-50070-010-000
135-55080-010-000
135-55085-010-000
135-55090-010-000
135-55105-010-000
135-55120-010-000
135-55135-010-000
135-55135-010-001
135-60010-010-000
135-60020-010-000
135-60066-010-000
135-60070-010-000
135-60080-010-000
135-60090-010-000
135-60100-010-000
135-60105-010-000
135-60135-010-000
135-60135-010-001
135-60150-010-000
135-60245-010-000
135-60280-010-000
135-60285-010-000
135-60332-010-000
135-60333-010-000
135-60334-010-000
135-60360-010-000
135-65005-010-000
135-65010-010-000
IGeneral Fund Expenses
Salaries & Wages
Overtime
Longevity
Certification
Retirement
Medical lnsurance
Dental Insurance
Vision Insurance
Life Insurance & Other
Social Security Taxes
Medicare Taxes
Unemployment Taxes
Workman's Compensation
Pre-emp Physicals/Testing
Employee Relations
Maintenance & Repairs
Generator Maintenance & Repairs
Vehicle Maintenance
Maintenance -Heavy Equipment
Cleaning Services
Lab Analysis - MUD
Lab Analysis - PID
Communications/Mobiles
Electricity
Publications/Books/Subscripts
Dues & Memberships
Schools & Training
Safety Program
Travel & per diem
Rent/Lease Equipment
TCEQ Fees & Permits - MUD
TCEQ Fees & Permits - PID
Wholesale Water
Miscellaneous Expenses
Property Maintenance
Lawn Services
Interfund Transfer Out- Revenue I&S
Interfund Transfer Out- Bond Reserve
Interfund Transfer Out -Bank Reserve
Furniture/Equipment < $5000
Fuel & Lube
Uniforms
402,468
17,000
5,829
4,500
46,074
97,671
5,594
719
4,620
26,647
6,232
1,512
11,604
400
300
110,000
2,000
5,000
1,000
2,000
7,500
2,000
7,500
131,689
1,000
372,468
22,000
5,829
4,500
46,074
67,671
5,594
719
4,620
26,647
6,232
1,512
11,604
400
300
200,000
2,000
10,000
1,000
2,000
7,500
2,000
7,500
131,689
1,000
4,141 4,141
988 988
30,000 30,000
2,508,611 2,508,611
12,500 12,500
569,454 569,454
2,500 2,500
15,000 15,000
22 6f2127 5,250
27,988
2,750
225
3,468
5,745
339
48
302
1,869
437
313,486
29,489
5,713
2,425
39,365
59,832
3,584
505
3,289
21,378
5,000
143
909 10,000
55
182
336,120
952
9,634
237
1,290
4,521
1,114
6,461
124,008
875
125
111 2,535
182
14,696
952
2,596
970
160
404
13,556
5,480 21,486
437
355,711 2,069,031
(145)
145
51,769
5,115
569,455
1,923 1,923
2,273 19,478
2,474
84.16%
134.04%
98.00%
53.89%
85.44%
88.42%
64.07%
70.26%
71.19%
80.22%
80.22%
9.45%
86.18%
13.86%
60.63%
168.06%
47.58%
96.34%
23.66%
64.49%
60.29%
55.70%
86.15%
94.17%
87.50%
0.00%
61.23%
0.00%
0.00%
0.00%
71.62%
0.00%
82.48%
0.00%
0.00%
40.92%
100.00%
0.00%
0.00%
76.92%
129.85%
47.13%
58,982
(7,489)
117
2,075
6,709
7,839
2,010
214
1,331
5,269
1,232
1,369
1,604
345
118
(136,120)
1,048
366
763
710
2,979
886
1,039
7,681
125
(125)
1,606
988
8,514
(437)
439,580
7,385
(1)
577
(4,478)
2,776
Account
135-65030-010-000
135-65035-010-000
135-65040-010-000
135-65050-010-000
135-65053-010-000
135-69005-010-000
135-69008-010-000
135-69009-010-000
135-69195-010-000
135-69281-010-000
135-70040-010-000
Wastewater
135-50005-020-000
135-50010-020-000
135-50016-020-000
135-50017-020-000
135-50020-020-000
135-50026-020-000
135-50027-020-000
135-50028-020-000
135-50029-020-000
135-50030-020-000
135-50035-020-000
135-50040-020-000
135-50045-020-000
135-50060-020-000
135-50070-020-000
135-55005-020-000
135-55070-020-000
135-55080-020-000
135-55081-020-000
135-55085-020-000
135-55090-020-000
135-55091-020-000
135-55105-020-000
135-55120-020-000
135-55125-020-000
135-55135-020-000
135-60010-020-000
135-60020-020-000
135-60066-020-000
135-60070-020-000
135-60080-020-000
135-60090-020-000
135-60100-020-000
135-60105-020-000
135-60125-020-000
135-60135-020-000
135-60245-020-000
135-60280-020-000
135-60285-020-000
135-60331-020-000
135-60332-020-000
135-60333-020-000
135-60334-020-000
135-60360-020-000
135-65005-020-000
135-65010-020-000
135-65030-020-000
135-65031-020-000
135-65035-020-000
135-65040-020-000
135-65045-020-000
135-69005-020-000
135-69008-020-000
135-69009-020-000
135-69195-020-000
135-70020-020
Board of Directors
135-50005-026-000
135-50030-026-000
135-50035-026-000
135-55040-026-000
Chemicals
Small Tools
Safety Equipment
Meter Expense
Meter Change Out Program
Capital Outlays
Short Term Debt -Principal
Short Term Debt -Interest
Gasb34/Reserve for Replacement
Water Tank Inspection Contract
Bond Related Expenses
(Subtotal Water
Salaries & Wages
Overtime
Longevity
Certification
Retirement
Medical Insurance
Dental Insurance
Vision Insurance
Life Insurance & Other
Social Security Taxes
Medicare Taxes
Unemployment Taxes
Workman's Compensation
Pre-emp Physicals/Testing
Employee Relations
Engineering
Independent Labor
Maintenance & Repairs- WWTP
Maintenance & Repairs- Collections
Generator Maintenance & Repairs
Vehicle Maintenance- WWTP
Vehicle Maintenance- Collections
Maintenance -Heavy Equipment
Cleaning Services
Dumpster Services
Lab Analysis
Communications/Mobiles
Electricity
Publications/Books/Subscripts
Dues & Memberships
Schools & Training
Safety Program
Travel & per diem
Rent/Lease Equipment
Advertising
TCEQ Fees & Permits
Miscellaneous Expenses
Property Maintenance
Lawn Equipment & Maintenance
Interfund Transfer Out -Tax I&S
Interfund Transfer Out- Revenue I&S
Interfund Transfer Out -Bond Reserve
Interfund Transfer Out -Bank Reserve Account
Furniture/Equipment < $5000
Fuel & Lube
Uniforms
Chemicals- WWTP
Chemicals- Collections
Small Tools
Safety Equipment
Lab Supplies
Capital Outlays
Short Term Debt -Principal
Short Term Debt -Interest
Gasb34/Reserve for Replacement
Capital Lease Issuance Cost
1Subtotal Wastewater
Salaries & Wages
Social Security Taxes
Medicare Taxes
Unemployment Taxes
September 21, 2022 Meeting Agenda Packet
FY 2022
Adopted
Amended
Budget
August
Totals
YTD Total
8/31/2022
YTD % Budget
(91.3% Target)
Remaining
Budget
i
25,000
20,000
87,000
905,000
31,419
1,404
75,000
113,500
25,000
20,000
87,000
1,429,000
31,419
1,404
75,000
113,500
4,283
26,892
66,372
226,976 666,956
31,418
470 1,404
75,000
110,864
5,307, 626 1 5,871,626 1 726,587 1 4,650,620 1
107.57%
0.00%
0.00%
0.00%
76.29%
46.67%
100.00%
100.02%
100.00%
97.68%
0.00%
79.20%
1 1
478,934 418,934 22,507 328,734 78.47%
33,000 33,000 2,020 28,317 85.81%
7,956 7,956 - 7,955 99.99%
8,400 8,400 425 5,475 65.18%
56,634 56,634 2,795 41,599 73.45%
112,190 72,190 4,788 65,264 90.41%
7,175 7,175 273 3,619 50.44%
1,013 1,013 37 518 51.18%
4,800 4,800 221 3,134 65.28%
32,754 32,754 1,534 22,712 69.34%
7,660 7,660 359 5,312 69.34%
1,764 1,764 1 55 3.14%
14,153 14,153 1,118 12,296 86.88%
400 400 111 292 72.94%
300 300 445 148.22%
- 0.00%
- - 0.00%
125,000 160,000 50,638 193,632 121.02%
222,500 222,500 (31,041) 284,751 127.98%
9,000 9,000 4,289 4,604 51.16%
4,600 4,600 13 306 6.65%
13,000 13,000 724 18,947 145.74%
3,000 3,000 1,325 44.18%
2,000 2,000 1,290 64.49%
100,000 100,000 12,580 83,424 83.42%
40,000 40,000 2,863 39,308 98.27%
7,500 7,500 910 6,043 80.57%
150,732 150,732 17,791 156,395 103.76%
0.00%
- - 0.00%
4,652 4,652 - 1,587 34.11%
- - 0.00%
1,138 1,138 - - 0.00%
- 0.00%
0.00%
12,000 22,000 464 19,974 90.79%
0.00%
- - 0.00%
16,000 16,000 4,647 29.04%
115,924 115,924 10,539 115,924 100.00%
690,085 690,085 62,735 690,086 100.00%
- - 0.00%
0.00%
500 500 - 0.00%
12,500 12,500 1,199 11,455 91.64%
6,205 6,205 200 3,124 50.35%
32,500 32,500 4,047 22,903 70.47%
10,000 10,000 5,776 57.76%
0.00%
- - 0.00%
33,000 33,000 399 31,011 93.97%
700,000 685,000 18,893 200,128 29.22%
81,878 81,878 21,127 83,496 101.98%
7,312 7,312 2,337 5,695 77.88%
130,000 130,000 130,000 100.00%
- 0.00%
3,298,159 1 3,228,159 i 216,893 1 2,641,556 i 81.83%
23 of 1 2p
0.00%
0.00%
0.00%
0.00%
(1,892)
20,000
20,629
762,045
1
(0)
2,636
1,221,006
90,200
4,683
1
2,925
15,035
6,926
3,556
495
1,666
10,042
2,348
1,709
1,857
108
(145)
(33,632)
(62,251)
4,396
4,294
(5,947)
1,675
710
16,576
692
1,457
(5,663)
3,065
1,138
2,026
500
1,045
3,081
9,597
4,224
1,989
484,872
(1,618)
1,617
586,603
September 21, 2022 Meeting Agenda Packet
Account
Description
FY 2022
Adopted
Amended
Budget
August
Totals
YTD Total
8/31/2022
YTD % Budget
(91.3% Target)
Remaining
Budget
135-50045-026-000
135-60066-026-000
135-60070-026-000
135-60075-026-000
135-60080-026-000
135-60100-026-000
135-60245-026-000
Administration
135-50005-030-000
135-50010-030-000
135-50016-030-000
135-50020-030-000
135-50026-030-000
135-50027-030-000
135-50028-030-000
135-50029-030-000
135-50030-030-000
135-50035-030-000
135-50040-030-000
135-50045-030-000
135-50060-030-000
135-50070-030-000
135-55005-030-000
135-55030-030-000
135-55070-030-000
135-55080-030-000
135-55085-030-000
135-55100-030-000
135-55120-030-000
135-55160-030-000
135-55205-030-000
135-60005-030-000
135-60010-030-000
135-60020-030-000
135-60025-030-000
135-60035-030-000
135-60040-030-000
135-60050-030-000
135-60055-030-000
135-60066-030-000
135-60070-030-000
135-60075-030-000
135-60079-030-000
135-60080-030-000
135-60100-030-000
135-60110-030-000
135-60115-030-000
135-60125-030-000
135-60235-030-000
135-60245-030-000
135-60246-030-000
135-60285-030-000
135-60360-030-000
135-65010-030-000
135-65055-030-000
135-65085-030-000
135-65090-030-000
135-65095-030-000
135-65105-030-000
135-69005-030-000
135-69170-030-000
Non Departmental
135-55045-039-000
135-55055-039-000
135-55060-039-000
135-55065-039-000
Workman's Compensation
Publications/Books/Subscripts
Dues & Memberships
Meetings
Schools & Training
Travel & per diem
Miscellaneous Expenses
(Subtotal Board of Directors
i
Salaries & Wages
Overtime
Longevity
Retirement
Medical Insurance
Dental Insurance
Vision Insurance
Life Insurance & Other
Social Security Taxes
Medicare Taxes
Unemployment Taxes
Workman's Compensation
Pre-emp Physicals/Testing
Employee Relations
Engineering
Software & Support
Independent Labor
Maintenance & Repairs
Generator Maintenance & Repairs
Building Maintenance & Supplies
Cleaning Services
Professional Outside Services
Utility Billing Contract
Telephone
Communications/Mobiles
Electricity
Water
Postage
Bank Service Charges & Fees
Bad Debt Expense
Insurance
Publications/Books/Subscripts
Dues & Memberships
Meetings
Public Education
Schools & Training
Travel & per diem
Physicals/Testing
Elections
Advertising
Security
Miscellaneous Expenses
General Manager Contingency
Lawn Equipment & Maintenance
Furniture/Equipment < $5000
Uniforms
Hardware IT
Office Supplies
Printer Supplies & Maintenance
Maintenance Supplies
Printing
Capital Outlays
Copier Lease Installments
1Subtotal Administration
Legal
Auditing
Appraisal
Tax Admin Fees
(Subtotal Non Departmental
1
30 30 1 9
700
115 1,301
575 625
2,635 1
750
1,500
4,000
5,000
500
11,780 1
i i
567,338
2,000
2,972
61,353
103,384
6,533
819
4,800
35,483
8,298
1,512
1,425
500
4,000
122,310
15,000
40,000
3,000
12,000
70,281
9,000
8,500
3,000
15,213
5,000
30,000
85,000
1,500
84,000
6,000
i
750
1,500
4,000
5,000
500
11,780 1
567,338
2,000
2,972
61,353
83,384
6,533
819
4,800
35,483
8,298
1,512
1,425
500
4,000
122,310
25,000
40,000
3,000
12,000
70,281
9,000
8,500
3,000
15,213
5,000
30,000
85,000
1,500
84,000
691 1
i i
37,372
97
4,197
5,200
273
40
332
2,212
517
126
223
88
13,991
5,556
1,225
717
6,120
607
385
225
1,236
389
1,950
9,506
7,307
467,848
481
2,973
52,984
64,606
3,489
487
4,135
27,966
6,541
54
1,385
516
3,471
100,478
28,200
39,105
717
8,397
74,751
6,695
5,324
2,475
14,193
3,755
20,533
83,325
78,707
6,500 - 6,362
2,000 4,000
5,250 5,250
1,587 1,587
5,000 12,500
2,500 2,500
5,000
10,000
530
21,400
6,000
5,000
10,000
530
21,400
6,000
3,867
881
509
3,765
9,737 9,737
112
3,757
3,284
1,390 1,558
419 3,944
4,000 4,000 588 5,514
190,000
4,000
1,567,488 1
135,000
33,800
12,055
4,850
I 185,705 1
190,000
4,000
1,567,488 1
i
100,000
33,800
12,055
4,850
150,705 I
17,243
285
129,551 1
i
120,358
2,988
1,270,227 1
31.53%
0.00%
93.33%
86.70%
15.63%
0.00%
0.00%
22.37% l
82.46%
24.05%
100.02%
86.36%
77.48%
53.41%
59.46%
86.15%
78.82%
78.82%
3.57%
97.19%
103.13%
86.77%
0.00%
82.15%
112.80%
97.76%
23.89%
0.00%
69.98%
106.36%
74.39%
62.63%
82.50%
93.30%
75.10%
68.44%
98.03%
0.00%
93.70%
0.00%
97.87%
0.00%
96.67%
16.78%
32.10%
0.00%
30.12%
389.47%
0.00%
0.00%
0.00%
75.15%
32.84%
0.00%
7.28%
65.74%
0.00%
137.86%
0.00%
63.35%
74.69%
81.04%
2,520 50,705
25,375
12,311
3,874
2,520 I 92,265
50.70%
75.08%
102.12%
79.88%
61.22%
i
i
21
50
199
3,375
5,000
500
9,145
99,490
1,519
(1)
8,369
18,778
3,044
332
665
7,517
1,757
1,458
40
(16)
529
21,832
(3,200)
895
2,283
3,603
(4,470)
2,305
3,176
525
1,020
1,245
9,467
1,675
1,500
5,293
138
133
4,369
1,078
8,735
(7,237)
(112)
1,243
6,716
530
19,842
2,056
(1,514)
69,642
1,012
297,261
49,295
8,425
(256)1
976
58,440 i
Total General Fund Revenues
Total General Fund Expenses
Net Budget Surplus (Deficit)
10,370,758
10,370,758
10,909,758
10,829,758
80,000
1,321,116
1,076,242
244,875
10,031,324
8,657,304
1,374,020
91.95%
79.94%
12.01%
878,434
2,172,454
1,294,020
24 of 127
September 21, 2022 Meeting Agenda Packet
FY 2022 Combined Financials
YTD as of 8/31/2022
YTD
Revenues
• YTD
Expenses
Amended
Revenues
• Amended
Expenses
Adopted
Revenues
Adopted
Expenses
Adopted Budget vs YTD Actuals Revenues & Expenses
$8,657,304
$10,909,758
$10,829,758
$10,370,758
$2,635 $92,265
0% - 1%
$1,270,227
15%
YTD Expenses By
Departments
YTD Expense- Water
$4,650,620
$2,641,556 54% YTD Expense- WW
30%
YTD Expense- Admin
YTD Expense- BOD
• YTD Expense- Non Dept
Water Budget vs Actual
140,000,000
120,000,000
100,000,000
80,000,000
80,639,404
78,390,000
60,000,000
Water Consumption Budget vs Actual
72,448,000
54,635,000
49,322,000
44,588,000
48,488,000
143,845,000
141,1]],000
119,711,000 ✓/
24,313,693
85,474,000
40,021,000
40,000,000 51 338613 56,888,452
f
44,024,449 r
38,104,839
O 4,839
36,662,055 36,449,799
20,000,000
Budget Consumption
63,970,589
-*-Actual Consumption
114,781,327
96,534,832
0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
1,000,000,000
900,000,000
800,000,000
700,000,000
600,000,000
500,000,000
400,000,000
300,000,000
200,000,000
100,000,000
0
Adopted Budget Water Consumption Vs Actual Water Consumption
834,099,338
968,490,285
Total Water Consumption
• Budgeted Water Consumption
• Proierted Water Consumption
Presented by:
Finance Department
$1,000,000
$900,000
$800,000
$700,000
$600,000
$500,000
$400,000 /
/$359,936$455,836
$398,851 J
$300,000
$200,000
$100,000
$o
Water Revenue Budget vs Actual
$569,186
$402,228r. 8
$370,639373,428
$510,419
360,890
8328,46
4320,532 $322,394 0326,817
$918,465
7 $939,810
$786,6151 Y ��
$817,889
8580,431
$466,196
$423,949
Budget Revenue --Actual Revenue
$651,814
$759,395
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
$7,000,000
$6,000,000
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,000,000
$0
Adopted Budget Water Revenue Vs Projected Water Revenue
$6,033,776
$6,644,036
$3,525,165
1
Total Water Revenue
$3,990,390
• Budgeted Water Revenue
• Projected Water Revenue
Net Budgeted Water Revenue
Minus Budgeted Expenses
• Net Projected Water Revenue
Minus Projected Expenses
25 of 127
September 21, 2022 Meeting Agenda Packet
TROPHY CLUB MUD NO. 1 - FIRE DEPARTMENT
BALANCE SHEET
AUGUST 2022
ASSETS
CASH IN BANK
INVESTMENTS
PREPAID EXPENSES
ADVALOREM PROPERTY TAXES RECEIVABLE
EMERGENCY SERVICES ASSESSMENTS RECEIVABLE
UTILITY AND OTHER ACCOUNTS RECEIVABLE
4
TROPHY CLUB
MUNICIPAL
UTILITY
DISTRICT
122
FIRE DEPT.
748,840
1,663
16,698
TOTAL ASSETS 767,202
LIABILITIES AND FUND BALANCE
LIABILITIES
DEFERRED REVENUE - PROPERTY TAXES/ASSESSMENTS
ACCOUNTS AND OTHER PAYABLES
10,822
TOTAL LIABILITIES 10,822
FUND BALANCE
DESIGNATED FOR FUTURE ASSET REPLACEMENT
NON -SPENDABLE FUND BALANCE
UNASSIGNED FUND BALANCE 720,907
RESERVE FOR ENCUMBRANCES
NET REVENUES / EXPENDITURES 35,473
TOTAL FUND BALANCE 756,380
TOTAL LIABILITIES AND FUND BALANCE 767,202
26 of 127
TROPHY CLUB MUD NO. 1 - O&M (GENERAL FUND)
BALANCE SHEET
AUGUST 2022
September 21, 2022 Meeting Agenda Packet
135 137
4
Tfl PHV CLUB
MUNICIPAL
UTILITY
DISTRICT
GENERAL FUND GASB TOTAL
ASSETS
CASH ON HAND 600 600
CASH IN BANK -CHECKING 5,785,149 5,785,149
CASH IN BANK -SAVINGS -CASH RESERVE 1,482,870 1,482,870
INVESTMENTS-TEXPOOL 2,769,641 2,985,575 5,755,216
PREPAID EXPENSES 13,341 13,341
ADVALOREM PROPERTY TAXES RECEIVABLE 1,699 1,699
UTILITY AND OTHER ACCOUNTS RECEIVABLE 1,551,277 1,551,277
TOTAL ASSETS 11,604,578 2,985,575 14,590,153
LIABILITIES AND FUND BALANCE
LIABILITIES
DEFERRED REVENUE - AD VALOREM PROPERTY TAXES 247 247
ACCOUNTS AND OTHER PAYABLES 748,848 748,848
CUSTOMER DEPOSITS 326,470 326,470
TOTAL LIABILITIES 1,075,565 1,075,565
FUND BALANCE
NON -SPENDABLE FUND BALANCE 3,880 3,880
ASSIGNED FUND BALANCE 3,370,500 3,370,500
ASSIGNED FUND BALANCE/TOWN ELEVATED STORAGE TANK 360,000 360,000
ASSIGNED FUND BALANCE/WATER REPLACEMENT 1,113,885 1,113,885
ASSIGNED FUND BALANCE/SEWER REPLACEMENT 1,211,690 1,211,690
ASSIGNED FUND BALANCE/FIRE DEPARTMENT - -
ASSIGNED FUND BALANCE/WWTP MBR REPLACEMENT 300,000 300,000
UNASSIGNED FUND BALANCE 5,780,613 5,780,613
COMMITTED FUND BALANCE - -
NET REVENUES / EXPENDITURES 1,374,020 1,374,020
TOTAL FUND BALANCE 10,529,013 2,985,575 13,514,588
TOTAL LIABILITIES AND FUND BALANCE 11,604,578 2,985,575 14,590,153
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September 21, 2022 Meeting Agenda Packet
TROPHY CLUB MUD NO. 1 - REVENUE BOND CONSTRUCTION
NSII FORT WORTH- SWIFT FUNDING
BALANCE SHEET
AUGUST 2022
ASSETS
CASH IN BANK
CASH IN ESCROW
INVESTMENTS
ACCOUNTS RECEIVABLE
519
REVENUE BOND
CONSTRUCTION
786,153
TOTAL ASSETS 786,153
LIABILITIES AND FUND BALANCE
LIABILITIES
ACCOUNTS AND OTHER PAYABLES
TOTAL LIABILITIES
FUND BALANCE
ASSIGNED FUND BALANCE
NET REVENUES / EXPENDITURES
TOTAL FUND BALANCE
TOTAL LIABILITIES AND FUND BALANCE
28 of 127
81,691
81,691
703,345
1,117
704,462
786,153
September 21, 2022 Meeting Agenda Packet
TROPHY CLUB MUD NO. 1 - 16" WATERLINE REV BOND
BALANCE SHEET
AUGUST 2022
ASSETS
CASH IN BANK
INVESTMENTS
ACCOUNTS RECEIVABLE
4
TROPHY CLUB
MUNICIPAL
UTILITY
DISTRICT
FUND 520
16" 2019
REVENUE BOND
1,550,139
TOTAL ASSETS 1,550,139
LIABILITIES AND FUND BALANCE
LIABILITIES
ACCOUNTS AND OTHER PAYABLES
158,280
TOTAL LIABILITIES 158,280
FUND BALANCE
ASSIGNED FUND BALANCE
NET REVENUES / EXPENDITURES
4,032,009
(2,640,150)
TOTAL FUND BALANCE 1,391,859
TOTAL LIABILITIES AND FUND BALANCE 1,550,139
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September 21, 2022 Meeting Agenda Packet
TROPHY CLUB MUD NO. 1 - REVENUE BOND RESERVE
BALANCE SHEET
AUGUST 2022
ASSETS
CASH IN BANK
INVESTMENTS
ACCOUNTS RECEIVABLE
TROPHY CLUB
MUNICIPAL
UTILITY
DISTRICT
528
REVENUE BOND
RESERVE
898,822
TOTAL ASSETS 898,822
LIABILITIES AND FUND BALANCE
LIABILITIES
ACCOUNTS AND OTHER PAYABLES
TOTAL LIABILITIES
FUND BALANCE
ASSIGNED FUND BALANCE
NET REVENUES / EXPENDITURES
TOTAL FUND BALANCE
TOTAL LIABILITIES AND FUND BALANCE
30 of 127
894,311
4,511
898,822
898,822
September 21, 2022 Meeting Agenda Packet
TROPHY CLUB MUD NO. 1 - I&S (DEBT SERVICE)
BALANCE SHEET
AUGUST 2022
ASSETS
CASH IN BANK
INVESTMENTS
PREPAID EXPENSES
ADVALOREM PROPERTY TAXES RECEIVABLE
ACCOUNTS RECEIVABLE -OTHER
4
TROPHY CLUB
MUNICIPAL
UTILITY
DISTRICT
533
INTEREST &
SINKING DEBT
50,786
9,378
TOTAL ASSETS 60,164
LIABILITIES AND FUND BALANCE
LIABILITIES 57,355
DEFERRED REVENUE - AD VALOREM PROPERTY TAXES (161)
ACCOUNTS AND OTHER PAYABLES
TOTAL LIABILITIES 57,194
FUND BALANCE
ASSIGNED FUND BALANCE
NET REVENUES / EXPENDITURES
(16,307)
19,277
TOTAL FUND BALANCE 2,970
TOTAL LIABILITIES AND FUND BALANCE 60,164
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September 21, 2022 Meeting Agenda Packet
TROPHY CLUB MUD NO. 1 - REVENUE BOND I&S (WWTP)
BALANCE SHEET
AUGUST 2022
CASH IN BANK
INVESTMENTS
ACCOUNTS RECEIVABLE
TROPHY CLUB
1 /
MUNICIPAL
UTILITY
DISTRICT
534
REVENUE BOND
ASSETS I&S WWTP
27,903
TOTAL ASSETS 27,903
LIABILITIES AND FUND BALANCE
LIABILITIES
ACCOUNTS AND OTHER PAYABLES
TOTAL LIABILITIES
FUND BALANCE
ASSIGNED FUND BALANCE
NET REVENUES / EXPENDITURES
TOTAL FUND BALANCE
26,061
1,842
27,903
TOTAL LIABILITIES AND FUND BALANCE 27,903
32 of 127
September 21, 2022 Meeting Agenda Packet
TROPHY CLUB MUD NO. 1 - SWIFT REVENUE BOND I&S
BALANCE SHEET
AUGUST 2022
ASSETS
CASH IN BANK
INVESTMENTS
ACCOUNTS RECEIVABLE
4
TROPHY CLUB
MUNICIPAL
UTILITY
DISTRICT
535
NSII FTW SWIFT
REVENUE BOND
I&S
6,542
TOTAL ASSETS 6,542
LIABILITIES AND FUND BALANCE
LIABILITIES
ACCOUNTS AND OTHER PAYABLES
TOTAL LIABILITIES
FUND BALANCE
ASSIGNED FUND BALANCE 5,656
NET REVENUES / EXPENDITURES 886
TOTAL FUND BALANCE 6,542
TOTAL LIABILITIES AND FUND BALANCE 6,542
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September 21, 2022 Meeting Agenda Packet
TROPHY CLUB MUD NO. 1 - REVENUE BOND I&S
WATER & WASTEWATER SYSTEM 2019
BALANCE SHEET
AUGUST 2022
ASSETS
CASH IN BANK
INVESTMENTS
ACCOUNTS RECEIVABLE
TROPHY CLUB
MUNICIPAL
UTILITY
DISTRICT
536
REVENUE BOND
SERIES 2019 I&S
1,426
TOTAL ASSETS 1,426
LIABILITIES AND FUND BALANCE
LIABILITIES
ACCOUNTS AND OTHER PAYABLES
TOTAL LIABILITIES
FUND BALANCE
ASSIGNED FUND BALANCE 565
NET REVENUES / EXPENDITURES 861
TOTAL FUND BALANCE 1,426
TOTAL LIABILITIES AND FUND BALANCE 1,426
34 of 127
September 21, 2022 Meeting Agenda Packet
REGULAR MEETING MINUTES
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
BOARD OF DIRECTORS
August 17, 2022 at 6:30 p.m.
Trophy Club Municipal Utility District No. 1 Board of Directors, of Denton and Tarrant Counties, met in a
regular session on August 17, 2022, at 6:30 p.m., in the Boardroom of the Administration Building, 100
Municipal Drive, Trophy Club, Texas 76262. The meeting was held within the boundaries of the District
and was open to the public.
STATE OF TEXAS
COUNTIES OF DENTON AND TARRANT
BOARD MEMBERS PRESENT:
Kevin R. Carr
Ben Brewster
Doug Harper
William C. Rose
President
Vice President
Secretary/Treasurer
Director
BOARD MEMBERS ABSENT:
Tracey Hunter Director
STAFF PRESENT:
Alan Fourmentin
Laurie Slaght
Mike McMahon
Steven Krolczyk
Tony Corbett
Bert Cooper
Frank Isola
Jason Wise
GUESTS PRESENT:
Chris Ekrut
Bob Shiring
Ryan Martin
General Manager
District Secretary
Operations Manager
Finance Manager
Legal Counsel
Water Supervisor
Wastewater Supervisor
Fire Chief
NewGen Strategies and Solution
Tradition Energy
Core Logic (easement)
CALL TO ORDER AND ANNOUNCE A QUORUM
President Carr announced the date of August 17, 2022, called the meeting to order and announced a
quorum present at 6:30 p.m.
CITIZEN COMMENTS — There were no citizens wishing to speak.
REPORTS & UPDATES
1. Staff Reports
a. Capital Improvement Projects
b. Water Operations Report
c. Wastewater System Reports
d. Finance Reports
e. Outstanding Public Drinking Water System Award
35 of 127
September 21, 2022 Meeting Agenda Packet
General Manager Fourmentin provided the board with the monthly updates and reports and
answered questions related thereto. Fourmentin announced that the District was presented the
"Outstanding Public Drinking Water System Award" during the Texas Commission on Environmental
Quality (TCEQ) Public Drinking Water Conference in Austin. Fourmentin stated that commendation is
appropriate to all individuals who have served this District and this community as this award is a
testament to the years of planning and funding efforts of current and prior Board of Directors
members, and operational efforts of current and prior staff. He further acknowledged the efforts of
Mike McMahon, Operations Manager; Bert Cooper, Water Supervisor; Frank Isola, Wastewater
Supervisor; as well as the efforts of the entire operations team.
Director Rose acknowledged staff and stated it is not common for a MUD to receive the outstanding
public drinking water system award and that there were only 53 Outstanding Public Drinking Water
Awards given.
CONSENT AGENDA
2. Consider and act to approve the Consent Agenda.
a. July 2022 Combined Financials
b. July 18, 2022 Regular Meeting Minutes
Motion made by Director Rose and seconded by Director Harper to approve the Consent agenda items
2a and 2b.
Motion carried unanimously
REGULAR SESSION
3. Consider and act to approve Contract No. 2022081701 with Rod L. Abbott, CPA PLLC for Annual
Financial Auditing Services.
Motion made by Director Rose and seconded by Director Harper to approve Contract No. 2022081701
with Rod L. Abbott, CPA PLLC for annual Financial Auditing Services.
Motion carried unanimously
4. Discussion and possible action regarding release of existing utility easement(s) located at 1600
Solana Blvd.
Motion made by Director Rose and seconded by Director Brewster to approve the partial release of
existing utility easement(s) located at 1600 Solana Blvd as stated in the packet documents.
Motion carried unanimously
5. Presentation from Tradition Energy regarding current electric rates and purchase options for Fiscal
Year 2023.
Bob Shiring with Tradition Energy provided the Board with a Regional Market Outlook and fixed
price comparisons for electricity and answered questions related thereto.
36 of 127
September 21, 2022 Meeting Agenda Packet
Motion made by Director Rose and seconded by Director Carr to authorize the General Manager to
execute an electricity service provider contract for a term of 60 months at the lowest rate with 100%
swing.
Motion carried unanimously
6. Consider and act regarding rate assumptions and projections for FY2023 Budget. (Staff/NewGen)
Chris Ekrut with NewGen Strategies & Solutions presented the rate assumptions and predictions for
the FY 2023 Budget as well as future revenue requirements. The current water rates are insufficient
as the cost of water will continue to increase as well as capital improvements. Wastewater costs are
expected to remain stable.
The 5% increase in wholesale water from Fort Worth is being covered in the volumetric side of
water rates. With the proposed water rate increase, expenses are covered. The rate assumptions
are using rate reserve funds and are included in future planning.
Motion made by Director Rose and seconded by Director Brewster to accept rate assumptions as
presented for use in the FY 2023 budget.
Motion carried unanimously
7. Consideration regarding Fiscal Year 2023 Budget Matters:
a. Receive update from Budget Committee. (Brewster/Harper)
b. Discussion regarding the Draft Fiscal Year 2023 Budget.
Finance Manager Steven Krolczyk presented the final draft budget to the board and answered
questions related thereto.
Discussion Only
8. Consider and act regarding tax rates for 2022 tax year:
a. Approve proposed tax rate for 2022 tax year: and
b. Schedule date and authorize publication of notice for hearing regarding adoption of final tax rates
for 2022 tax year.
Finance Manager Steven Krolczyk provided an updated proposed tax rate for the 2022 tax year.
Motion made by Director Rose and seconded by Director Brewster to approve the proposed tax rate
of $.09134 per $100 dollars of assessed valuation for publication for the 2022 tax year and authorize
staff to proceed with publication of public hearing to be conducted on September 21, 2022.
Motion carried unanimously
9. Discussion and possible action regarding community education initiatives. (Brewster)
Director Brewster would like to bring the community up to speed on conservation issues and
provide information about the district. Discussion ensued.
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September 21, 2022 Meeting Agenda Packet
Motion made by Director Rose and seconded by Director Carr to create an education committee to
include Director Brewster and Director Harper to work with the General Manager and staff to work on
a community education program.
Motion carried unanimously
10. Receive update from Strategic Committee. (Carr/Brewster)
The committee members expect to be provided a meeting agenda and presentation from the Town
that includes a plan.
The convened into Executive Session at 8:52 p.m.
EXECUTIVE SESSION
11. Deliberations pursuant to Section 551.074(a)(1) of the Texas Open Meetings Act regarding the
duties of the General Manager, including providing copies of all communications to one or more
members of the Board of Directors.
The Board reconvened into Regular Session at 9:34 p.m.
REGULAR SESSION
12. Consider and act regarding items discussed in Executive Session.
No action taken.
13. Items for future agendas: Community Education
Future — Golf Course Effluent contract will be evaluated in March 2023
General Manager annual evaluation
14. Set future Meeting dates — September 21, 2022
October 19, 2022
November 16, 2022
December 14, 2022
ADJOURN
President Carr called the meeting adjourned at 9:37 p.m.
Kevin Carr, President
Doug Harper, Secretary/Treasurer
Laurie Slaght, District Secretary
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(SEAL)
September 21, 2022 Meeting Agenda Packet
FORT WORTH.
APPOINTMENT FORM
Wholesale Water and Wastewater Customer Advisory Committee
DATE: September 21, 2022
WHOLESALE CUSTOMER: Trophy Club Municipal Utility District No. 1
Check all that apply:
e Water ❑ Wastewater
The following individuals have been officially appointed by the CUSTOMER's GOVERNING BODY,
under the terms of the Wholesale Contract for Services as the VOTING MEMBER and ALTERNATE
for the Water and/or Wastewater System Advisory Committee. The term is for the Fiscal Year beginning
October 1, 2022 through September 30, 2023.
Voting Member:
Mike McMahon
Name
Operations Manager
Title
682-831-4600
Office Phone
682-831-4600
Cell Phone
mmcmahon@tcmud.org
Email Address
Mailing Address:
Trophy Club Municipal Utility District N
100 Muncipal Drive
Trophy Club, Texas 76262
Signature of Mayor/Board President
Please complete and return as soon as
possible, but no later than October 31, 2022
to:
WaterWholes ale(&,fortworthtex as. gov
or
City of Fort Worth
Water Utility Billing Section/Wholesale
P. O. Box 870
Fort Worth, Texas 76101
Alternate Member
Alan Fourmentin
Name
General Manager
Title
682-831-4600
Office Phone
682-831-4610
Cell Phone
afourmentin@tcmud.org
Email Address
Mailing Address:
Trophy Club Municipal Utility District Nc
100 Muncipal Drive
Trophy Club, Texas 76262
Official Seal
cfs01\water\Groups\WholeSale\Wholesale Customer Advisory Committee\WCAC Appointees FY2023
39 of 127
September 21, 2022 Meeting Agenda Packet
CERTIFICATE OF RESOLUTION 2022-0921A
THE STATE OF TEXAS
COUNTIES OF DENTON AND TARRANT
I, the undersigned member of the Board of Directors of Trophy Club Municipal
Utility District No. 1 of Denton and Tarrant Counties, Texas (the "District"), hereby certify
as follows:
1. That I am the duly qualified Secretary of the Board of Directors of the District,
and that, as such, I have custody of the minutes and records of the District.
2. That the Board of Directors of the District convened in Open Session at a
Regular Meeting on September 21, 2022, at the regular meeting place thereof, and the roll
was called of the duly constituted officers and members of the Board of Directors, to wit:
Kevin R. Carr President
Ben Brewster Vice President
Doug Harper Secretary/Treasurer
William C. Rose Director
Tracey Hunter Director
All members of the Board were present except , thus
constituting a quorum. Whereupon, among other business, the following was transacted at
such meeting:
A RESOLUTION APPROVING THE 2023 FISCAL YEAR BUDGET OF
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
and duly introduced for the consideration of the Board of Directors of the District. It was
then duly moved and seconded that such Resolution be adopted and, after due discussion,
such motion, carrying with it the adoption of such Resolution, prevailed, and carried by the
following vote:
AYES:
NAYS: ABSTENSIONS:
3. That a true, full and correct copy of such Resolution adopted at such meeting is
attached to and follows this certificate; that such resolution has been duly recorded in the
minutes of the Board of Directors for such meeting; that the persons named in the above
and foregoing Paragraph 2 were the duly chosen, qualified and acting officers and members
of the Board of Directors as indicated therein, that each was duly and sufficiently notified
officially and personally, in advance, of the time, place and purpose of such meeting, and
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September 21, 2022 Meeting Agenda Packet
that such Resolution would be introduced and considered for adoption at such meeting, and
that each consented, in advance, to the holding of such meeting for such purpose; that the
canvassing of the officers and members of the Board of Directors present at and absent
from such meeting and of the votes of each on such motion, as set forth in the above and
foregoing Paragraph 2, is true and correct; and that sufficient and timely notice of the hour,
date, place and subject of such meeting was given and posted as required by Chapter 551,
Texas Government Code, as amended.
SIGNED AND SEALED the 21st day of September 2022.
Doug Harper, Secretary/Treasurer
Board of Directors
Laurie Slaght, District Secretary
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(SEAL)
September 21, 2022 Meeting Agenda Packet
RESOLUTION NO. 2022-0921A
A RESOLUTION APPROVING THE 2023 FISCAL YEAR BUDGET OF
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
WHEREAS, Trophy Club Municipal Utility District No. 1 (the "District") is a
conservation and reclamation district of the State of Texas created under Article XVI, Sec.
59 of the Texas Constitution, and the District operates under Chapters 49 and 54 of the
Texas Water Code, as amended;
WHEREAS, Section 49.057(b) of the Texas Water Code requires the board of
directors of a water district to adopt an annual budget;
WHEREAS, Title 30, Section 293.97(b), Texas Administrative Code, provides
that an operating budget shall be passed and approved by a resolution of the governing
board of a water district and shall be made a part of the governing board minutes; and
WHEREAS, the Board of Directors of the District desires to adopt a budget for the
2022 fiscal year in an open, public meeting, proper notice of which has been given as
required by law.
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1:
Section 1. That the facts and recitations found in the preamble of this
Resolution are hereby found and declared to be true and correct and are
incorporated by reference herein and expressly made a part hereof, as if copied
verbatim.
Section 2. That the annual budget of revenues and expenditures necessary for
conducting the operations and affairs of the District for Fiscal Year 2023, attached
hereto, and incorporated herein as Exhibit A, is hereby approved and adopted. Said
budget document shall be on file for public inspection in the office of the District.
Section 3. That the District's expenditures during the fiscal year shall be made
in accordance with the approved budget and any amendments thereto approved by
the Board of Directors.
Section 4. A copy of this Resolution and the budget approved hereby shall be
attached to the minutes of the Board's September 21, 2022, meeting.
42 of 127
Section 5.
passage.
September 21, 2022 Meeting Agenda Packet
That this Resolution shall become effective immediately upon its
RESOLVED, PASSED AND APPROVED by the Board of Directors of Trophy
Club Municipal Utility District No. 1, this the 21st day of September 2022.
Kevin R. Carr, President
Board of Directors
Doug Harper, Secretary/Treasurer
Board of Directors
Laurie Slaght, District Secretary
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(SEAL)
September 21, 2022 Meeting Agenda Packet
EXHIBIT "A"
(Approved FY 2023 Budget)
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Se.tember 21 2022 Meetin. A.enda Packet
Trophy Club Municipal Utility District No. 1
100 Municipal Drive
Trophy Club, Texas 76262
(682) 831-4600
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Trophy Club MUD No. 1
September 21, 2022 Meeting Agenda Packet
FY 2023 ADOPTED BUDGET
TAX RATE SUMMARY COMPARISON
Fiscal Years 2022 2023 % of Increase/Decrease
Fiscal Years 2022
2023
% of Increase/Decrease
M&O (General Fund) Tax
M&O Fire Tax
M&O Tax Rate
Increase/Decrease:
0.00687
0.00393
-42.77%
0.06412
0.05625
-12.27%
0.07099
0.06019
-15.22%
-0.00086
-0.01081
I & S (Debt Service) Tax
Increase/Decrease:
0.03489
0.03115
-10.71%
-0.00100
-0.00374
Total Tax Rate: 0.10588
0.09134
-13.74%
Increase/Decrease: -0.00186
-0.01454
PROPERTY VALUE SUMMARY COMPARISON
Fiscal Years 2022 2023 % of Increase/Decrease
MUD Tarrant Co.
MUD Denton Co.
PID
Out of District & PID
510,691,116
590,349,578
15.60%
1,468,987,935
1,645,315,777
12.00%
824,066,245
919,078,121
11.53%
266,888
704,864
164.10%
Total Value: 2,804,012,184 3,155,448,340 12.53%
FY 2023 BUDGET FUND SUMMARY
General Fund
Revenue 10,763,469
Tax Collections 87,956
PID Surcharges 145,029
Reserve Funds 736,900
Total Revenue 11,733,354
Water Expense 6,577,931
Wastewater Expense 3,491,931
Board of Directors Expense 11,765
Administration Expense 1,534,986
Non -Departmental Expense 116,740
Total Expense 11,733,354
Net Budget Surplus/Deficit
Tax Debt Service Fund
so
Revenue 197,266
Tax Collections 696,446
PID Surcharge 116,245
Total Revenue 1,009,958
Debt Service Expense 1,009,958
Total Expense 1,009,958
Net Budget Surplus/Deficit $0
Fire Fund
Revenue 22,000
Tax Collections 1,257,579
PID Assessment 517,385
Reserve Funds 0
Total Revenue 1,796,964
Fire Expense 1,796,964
Total Expense 1,796,964
Net Budget Surplus/Deficit $0
Revenue Debt Service Fund
Revenue 1,259,714
Total Revenue 1,259,714
Debt Service Expense 1,259,714
Total Expense 1,259,714
Net Budget Surplus/Deficit $0
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September 21, 2022 Meeting Agenda Packet
FY 2023 Budget Calendar
4/1/2022 -
4/29/2022
Create and update new FY base budget in Excel
Create Budget Calendar
5/2/2022-
5/27/2022
Departmental budget meeting for base budget needs and wants, review calendar and set expectations
5/31/2022 -
6/4/2022
First round of Departmental Proposals should be submitted for review with supporting documents
Detail explanation on account increases and capital request
6/8/2022
Budget meeting with Town/Fire staff to review and update the Fire Budget, Budget Committee meeting to review draft
Present a projected General Fund and Fire Fund budget summary at the June Board meeting
6/8/2022 -
6/11/2022
Update excel budget worksheets YTD thru May, Revenue and Tax Bond Debt, TexPool Transfers (I&S)
employee cost projections, preliminary tax valuations, and consumption forecasting and demands
6/14/2022
Meeting with General Manager, Operations Manager, and Finance Manager to discuss 5 year CIP projection
Impact to rates and Cash Reserves, and overall projected budget review
6/17/2022 -
6/24/2022
Meet with department supervisors to address budget demands and required reductions
All departmental budget proposal submissions and documents are due to Finance Department
6/25/2022 -
6/28/2022
Review and approve resubmittal department proposals, reach out to Fire Department/Town for proposed Fire
Budget, update the excel budget with preliminary tax evaluations, and calculate preliminary District tax rate
6/29/2021
Meet with General Manager and department managers to present "proposed" budget. Review 5 year capital plan,
preliminary tax valuations, and rate model parameters.
6/30/2022
Budget Committee Meeting to review initial draft budget and discuss potential rate impacts
7/1/2022
Provide consumption numbers and draft budget numbers for rate calculations to NewGen for rate assessment calculations
7/26/2022
Certified Tax Roll numbers released, update Tax Assessment worksheet, and update budget projections
Calculate HS tax averages and Comptroller Developed Water District Voter -Approval Tax Rate Worksheet
7/27/2022
Final projected budget numbers to NewGen for rate assessment and updated Rate Model
8/3/2022
Budget Committee Meeting to review proposed rate scenarios and proposed budget
Final updates before presented proposed budget at the August Board meeting
8/5/2022
Notify Town of Trophy Club of proposed Fire Assessment Rate
8/17/2022
Regular Board Meeting- Review proposed budget and recommended rate scenarios (NewGen PowerPoint)
8/22/2022 -
9/2/2022
Update District's website and Denton/Tarrant County TNT websites with Proposed Tax Rate and Public Hearing Notice
Notice of Public Hearing for Proposed Tax Rate published in Star Telegram (minimum 7 days prior)
9/21/2022
Public Hearing/Board meeting for adoption of District Property Tax Rate Resolutions and FY 23 Budget Resolution
9/30/2022
Update Denton County and Tarrant County TNT websites with Adopted Tax Rates
Update District's website with Adopted Tax Rates, Adopted Rate Order, and updated Notice to Purchaser
*Some of the following dates are estimated and maybe subject to change as needed
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September 21, 2022 Meeting Agenda Packet
TAX RATE ASSESSMENT
PID ASSESSMENT & SURCHARGE CALCULATIONS
FIRE TAX/ASSESSMENT RATE
NET TAX VALUE:
TARRANT COUNTY:
$590,349,578
DENTON COUNTY:
$1,645,315,777
DENTON CO. PID:
$919,078,121
OUT OF DISTRICT & PID
$704,864
REQUIRED REVENUE
FIRE
$1,774,964
M&O TAX/SURCHARGE RATE
TAX/ASSESS RATE = REQUIRED REVENUE/TOTAL VALS/100
Vals/100 = 31,554,483
FY 2023 Tax/Assess Rate = 0.05625
Revenue from MUD Tax =
Revenue from PID Assess =
NET TAX VALUE:
$ 1,257,579
$ 517,385
Total: $ 1,774,964
TARRANT COUNTY:
$590,349,578
DENTON COUNTY:
$1,645,315,777
DENTON CO. PID:
$919,078,121
REQUIRED REVENUE
M&O
116,740
98,800
*MUD (All of Dept. 39 Budget)
**ND (Legal and Auditor only Dept 39 Budget)
I&S TAX/SURCHARGE RATE
NEW DEBT: CALCULATE AMOUNT DUE FROM PID
Certified
7/21/2022
7/25/2022
7/25/2022
Certified
7/21/2022
7/25/2022
7/25/2022
TAX/SURCHARGE RATE = REQUIRED REVENUE/TOTAL VALS/100
Vals/100 = 31,547,435
FY 2023 MUD M&O Tax Rate = 0.00393
FY 2023 PID Tax/Surcharge Rate = 0.00313
Revenue from MUD Tax =
Revenue from PID Surcharge =
$ 87,956
$ 28,784
NET TAX VALUE:
Total: $ 116,740
TARRANT COUNTY:
$590,349,578
DENTON COUNTY:
$1,645,315,777
DENTON CO. PID:
$919,078,121
REQUIRED REVENUE
TAX DEBT 2014 AND AFTER (I&S)
$399,013
MUD DEBT: CALCULATE MUD TAX
Certified
7/21/2022
7/25/2022
7/25/2022
TAX/SURCHARGE RATE = REQUIRED REVENUE/TOTAL VALS/100
Vals/100 = 31,547,435
FY 2023 PID Surcharge Rate = 0.0126J
***NOT FINAL TAX RATE: ONLY USED TO CALCULATE PO SHARE
Revenue from MUD Tax =
Revenue from PID Surcharge =
$ 282,767
$ 116,245
NET TAX VALUE:
Total: $ 399,013
TARRANT COUNTY:
$590,349,578
DENTON COUNTY:
$1,645,315,777
REQUIRED REVENUE
I&S MUD DEBT
$696,446
Tax Rate Requirements 3.5%
Overall Tax Rate FY 2023
0.09134
Voter Approval Rate
0.09658
Contributions Required
$o
Certified
7/21/2022
7/25/2022
TAX/SURCHARGE RATE = REQUIRED REVENUE/TOTAL VALS/100
VaIs/100 = 22,356,654
FY 2023 Tax Rate = 0.03115
Revenue from MUD Tax =
Revenue from PID = N/A
696,446
Total: $ 696,446
TAX COMPARISON
2022 2023
M&O (General Fund) Tax 0.00687 0.00393
M&O Fire Tax 0.06412 0.05625
M&O Tax Rate 0.07099 0.06019
Increase/Decrease Rate: -0.00086 -0.01081
I & 5 (Debt Service) Tax 0.03489 0.03115
Increase/Decrease Rate: -0.00100 -0.00374
Total Tax Rate: 0.10588 0.09134
Increase/Decrease Rate: -0.00186 -0.01454
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September 21, 2022 Meeting Agenda Packet
FIRE DEPARTMENT FUND
Description
FY 2021
Actual
FY 2022
Adopted
FY 2022
Amended
FY 2022
Projected
FY 2023
Adopted
Budget vs
Amended
Budget %
Change
Revenues -Town
Assessment - Emerg Svcs 507,446 528,546 528,546 528,546 517,385 (11,161) -2.11%
Emer Svcs Assessment/Delinquent
Property Taxes/Assessments P&I
Fire Permits/Sprinkler & Plan Review
Fire Inspections
Denton/Tarrant County Pledge -Fire
Grant Revenue
4,226
17,072
5,000 5,000
5,000 5,000
17,000 17,000 17,000 17,000
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Revenues -MUD
Property Taxes/MUD Fire
Property Taxes/Fire-Delinquent
Property Taxes/Fire P&I
Capital Leases -Other Financial Sources
Proceeds from Sale of Assets
Prior Year Reserves
GASB Reserves
Miscellaneous Income
Total Revenue
1 1 1 1
1,205,268 1,269,330 1,269,330 1,269,330 1,257,579 (11,751) -0.93%
32,221 - - - 0.00%
5,283 - - - - 0.00%
- - - - - 0.00%
- - - - 0.00%
57,369 57,700 57,700 57,700 - (57,700) -100.00%
- - - - 0.00%
- - - - 0.00%
1,828,885 1,877,576 1,877,576 1,877,576 1,796,964 (80,612) -4.29%
Expenses -Town
Salaries- Regular 697,488 709,025 728,028 681,186 716,522 (11,506) -1.58%
Salaries- Part Time 49,275 50,078 50,078 24,493 50,000 (78) -0.16%
Salaries- Merits - 13,550 13,550 - 35,337 21,787 160.79%
Salaries- Overtime 115,592 84,405 84,405 134,845 83,580 (825) -0.98%
Salaries- Longevity 7,343 7,254 7,254 7,574 7,607 353 4.87%
Salaries- Stipend - - - - 0.00%
Certification Pay 10,176 11,438 11,438 8,244 10,838 (600) -5.25%
Salaries- Cell Phone Stipend 1,875 1,800 1,800 1,050 900 (900) -50.00%
Retirement 113,794 110,223 110,223 110,737 111,785 1,562 1.42%
Medical lnsurance 76,715 74,102 74,102 65,561 91,140 17,038 22.99%
Dental lnsurance 5,559 5,582 5,581 4,073 6,544 963 17.25%
Vision Insurance 513 539 539 517 631 92 17.07%
Life lnsurance & Other 4,633 5,635 5,635 3,221 5,565 (70) -1.24%
Social Security Taxes 52,773 52,084 52,084 51,613 51,444 (640) -1.23%
Medicare Taxes 12,338 12,182 12,182 12,105 12,031 (151) -1.24%
Unemployment Taxes 4,993 2,442 2,394 234 2,520 126 5.26%
Workman's Compensation 17,868 17,816 17,816 13,608 19,047 1,231 6.91%
Physicals/Testing 4,078 5,960 5,960 5,960 - (5,960) -100.00%
Tuition Reimbursement 5,074 8,290 8,290 8,290 - (8,290) -100.00%
Professional Outside Services 1,567 1,750 1,750 51,854 1,750 0.00%
Software & Support 12,354 17,164 17,164 15,164 17,164 0.00%
Tax Administration 1,521 1,605 1,605 1,600 1,600 (5) -0.31%
Advertising - 1,500 1,500 - 1,000 (500) -33.33%
Printing 280 500 500 300 300 (200) -40.00%
Schools & Training 9,478 19,900 19,900 9,900 19,900 0.00%
Electricity 5,530 8,400 8,400 7,000 8,400 - 0.00%
Water 3,734 4,000 4,000 4,000 4,000 - 0.00%
Telephone - - - - - 0.00%
Communications/Mobiles 14,692 16,691 16,691 17,095 16,691 0.00%
Building Maintenance 25,176 22,200 43,261 45,000 22,200 (21,061) -48.68%
Vehicle Maintenance 17,136 40,800 40,800 28,800 40,800 0.00%
Equipment Maintenance 10,241 18,715 18,715 10,715 18,715 - 0.00%
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- 4.29%
- 6.29% 1
September 21, 2022 Meeting Agenda Packet
FIRE DEPARTMENT FUND
Description
FY 2021
Actual
FY 2022
Adopted
FY 2022
Amended
FY 2022
Projected
FY 2023
Adopted
Budget vs
Amended
Budget %
Change
Emergency Management
1,000
1,000
1,000
1,000
1,000
-
0.00%
Dispatch- Denton County
3,946
4,020
4,020
4,020
5,061
1,041
25.90%
Dues & Memberships
20,417
20,337
20,337
20,153
20,337
-
0.00%
Flags & Repair
215
-
-
-
-
-
0.00%
Travel & per diem
8,236
14,510
14,510
14,994
14,510
-
0.00%
Office Supplies
327
500
500
500
500-
0.00%
Printer Supplies
1,007
1,400
1,400
1,600
1,600
200
14.29%
Postage
73
100
100
100
100-
0.00%
Publications/Books/Subscripts
297
350
350
350
350-
0.00%
Fuel
8,997
12,215
12,215
12,215
12,225
10
0.08%
Uniforms
7,850
9,645
9,645
9,645
9,645-
0.00%
Safety Equipment/Protective Clothing
8,970
27,700
27,700
15,000
40,000
12,300
44.40%
Dispsable Supplies
-
-
-
109
-
-
0.00%
Small Equipment
161
4,950
4,950
4,950
4,950
-
0.00%
Hardware
1,106
4,458
4,458
2,431
4,458
-
0.00%
Maintenance & Supplies
375
1,500
1,500
1,500
1,500
-
0.00%
Miscellaneous Expense
3,562
4,000
4,000
4,000
4,000
-
0.00%
Capital Outlays
-
-
-
-
-
-
0.00%
Programs & Special Projects
9,649
16,931
16,931
11,818
16,931
-
0.00%
Expenses -MUD
Maintenance & Repairs (GASB34)
-
-
-
-
-
-
0.00%
Rent And/or Usage
197,281
198,761
198,761
198,761
197,266
(1,495)
-0.75%
Insurance
19,789
21,000
21,000
21,000
23,100
2,100
10.00%
Capital Outlays
-
-
-
-
-
-
0.00%
Short Term Debt -Interest
6,127
3,101
3,101
3,101
-
(3,101)
-100.00%
GASB34/Reserve for Replacement
81,420
81,420
81,420
81,420
81,420
-
0.00%
Capital Leases- Principal
121,022
124,047
124,047
124,047
-
(124,047)
-100.00%
Total Expense
1,783,622
1,877,576
1,917,591
1,857,454
1,796,964
(120,627)
-6.29%
Total Fire Revenues
Total Fire Expenses
Net Budget Surplus (Deficit)
$ 1,828,885
$ 1,783,622
$ 45,262
$ 1,877,576
$ 1,877,576
$ 1,877,576
$ 1,917,591
$ (40,015)
$ 1,877,576
$ 1,857,454
$ 20,122
$ 1,796,964
$ 1,796,964
(80,612)
(120,627)
40,015
Town/MUD Fire Contract Calculation
FY 2022
FY 2023
Fire Budget
Less: Rent/Debt Service
Less: TML Fire Insurance
Less: Capital Outlays
Less: Capital Leases Interest
Less: Capital Leases Principal
Less: GASB34/Reserve for Replacement
Less: ESD Assessment
Less: Fire Permits/Sprinkler
Less: Fire Inspections
Less: Denton County Fire Pledge
Less: Grant Proceeds
1,877,576
198,761
21,000
3,101
124,047
81,420
528,546
5,000
17,000
1,796,964
197,266
23,100
81,420
517,385
5,000
17,000
Annual transfer to Town from MUD/Fire Budget
$ 898,700 $ 955,793
Monthly payment to Town Oct -Sept
$ 74,892 $ 79,649
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September 21, 2022 Meeting Agenda Packet
GENERAL FUND
Description
FY 2021
Actual
FY 2022
Adopted
FY 2022
Amended
FY 2022
Projected
FY 2023
Adopted
Budget vs
Budget Net
Budget %
Change
Revenues
Property Taxes
Property Taxes/Delinquent
Property Taxes/P & I
PID Surcharges
Water
Sewer
Penalties
Service Charges (Disconnect Fees)
Plumbing Inspections
Sewer Inspections
TCCC Effluent Charges
Utility Fees
Capital Lease- Other Fin Sources
Interest Income
Cell Tower Revenue
Building Rent Income
Proceeds from Sale of Assets
Prior Year Reserves
GASB Reserves
Loan Proceeds
Oversize Meter Reimbursement
Interfund Transfer In
lntergov Transfer In
Miscellaneous Income
Records Management Revenue
Recovery of Prior Year Expense
Reimbursement
134,965
527
581
162,305
5,617,478
3,604,966
86,208
12,100
300
100
72,210
18,386
14,146
23,975
4,407
19,912
136,092
300
300
165,537
6,033,776
3,824,473
94,826
14,000
750
2,500
50,000
136,092
300
300
165,537
6,033,776
3,824,473
94,826
14,000
750
2,500
50,000
138,290 87,956 (48,136) -35.37%
300 0.00%
300 0.00%
145,029 (20,509) -12.39%
6,710,979 677,203 11.22%
3,839,686 15,213 0.40%
78,000 (16,826) -17.74%
5,600 (8,400) -60.00%
300 (450) -60.00%
100 (2,400) -96.00%
60,000 10,000 20.00%
- 0.00%
- 0.00%
20,000 5,000 33.33%
14,146 0.00%
- - 0.00%
25,000 25,000 15,000 150.00%
- 572,900 572,900 0.00%
164,000 164,000 0.00%
- - 0.00%
2,261 2,058 0.00%
- - 0.00%
- - 0.00%
7,834 7,000 - 0.00%
- - 0.00%
85,000 - - 0.00%
- - 0.00%
511
165,537
6,644,036
3,814,243
100,000
5,000
450
100
110,000
15,000 15,000 60,000
14,146 14,146 14,146
10,000 25,000
524,000
2,058 2,058
7,000
7,000
Subtotal Revenues
9,772,566
10,370,758
10,909,758
11,172,408
11,733,354
1,362,596
13.14%
Water Expenses
Salaries & Wages
Overtime
Longevity
Certification
Retirement
Medical Insurance
Dental lnsurance
Vision Insurance
Life Insurance & Other
Social Security Taxes
Medicare Taxes
Unemployment Taxes
Workman's Compensation
Pre-emp Physicals/Testing
Employee Relations
Engineering
Maintenance & Repairs
Generator Maintenance & Repairs
Vehicle Maintenance
Maintenance -Heavy Equipment
Cleaning Services
Lab Analysis - MUD
Lab Analysis - PID
Communications/Mobiles
Electricity
Publications/Books/Subscripts
Dues & Memberships
353,851 402,468 372,468 342,000 407,139 4,671 1.16%
22,293 17,000 22,000 35,000 17,000 0.00%
5,435 5,829 5,829 5,713 5,983 154 2.64%
3,025 4,500 4,500 2,700 3,600 (900) -20.00%
35,652 46,074 46,074 46,074 51,201 5,127 11.13%
62,867 97,671 67,671 66,000 82,722 (14,949) -15.31%
3,835 5,594 5,594 4,150 4,876 (718) -12.83%
561 719 719 600 745 26 3.58%
3,787 4,620 4,620 3,700 2,400 (2,220) -48.05%
23,532 26,647 26,647 25,000 26,891 243 0.91%
5,503 6,232 6,232 6,000 6,289 57 0.91%
1,671 1,512 1,512 143 1,260 (252) -16.67%
12,500 11,604 11,604 11,604 11,249 (355) -3.06%
400 400 55 400 0.00%
103 300 300 300 300 0.00%
0.00%
80,718 110,000 200,000 350,000 229,800 119,800 108.91%
889 2,000 2,000 2,000 2,000 0.00%
7,879 5,000 10,000 10,000 5,000 0.00%
1,114 1,000 1,000 1,000 1,000 0.00%
1,198 2,000 2,000 2,000 2,500 500 25.00%
3,641 7,500 7,500 7,500 7,500 0.00%
2,047 2,000 2,000 2,000 2,000 0.00%
5,551 7,500 7,500 7,500 7,500 0.00%
123,528 131,689 131,689 131,689 228,250 96,561 73.33%
1,366 1,000 1,000 1,000 1,000 0.00%
- 125 - 0.00%
51 of 127
Description
Schools & Training
Safety Program
Travel & per diem
Rent/Lease Equipment
TCEQ Fees & Permits - MUD
TCEQ Fees & Permits - PID
Wholesale Water
Miscellaneous Expenses
Property Maintenance
Lawn Services
Interfund Transfer Out- Revenue I&S
Interfund Transfer Out- Bond Reserve
Interfund Transfer Out -Bank Reserve
Furniture/Equipment < $5000
Fuel & Lube
Uniforms
Chemicals
Small Tools
Safety Equipment
Meter Expense
Meter Change Out Program
Capital Outlays
Short Term Debt -Principal
Short Term Debt -Interest
Gasb34/Reserve for Replacement
Water Tank Inspection Contract
Bond Related Expenses
Subtotal Water Expenses
Wastewater Expenses
Salaries & Wages
Overtime
Longevity
Certification
Retirement
Medical Insurance
Dental Insurance
Vision Insurance
Life Insurance & Other
Social Security Taxes
Medicare Taxes
Unemployment Taxes
Workman's Compensation
Pre-emp Physicals/Testing
Employee Relations
Engineering
Independent Labor
Maintenance & Repairs- WWTP
Maintenance & Repairs- Collections
Generator Maintenance & Repairs
Vehicle Maintenance- WWTP
Vehicle Maintenance- Collections
Maintenance -Heavy Equipment
Cleaning Services
Dumpster Services
Lab Analysis
Communications/Mobiles
Electricity
Publications/Books/Subscripts
FY 2021
Actual
1,986
105
34,779
1,893,513
245
8,700
565,819
382
14,940
2,966
25,231
640
9,287
86,625
689,134
30,962
2,314
697,986
107,607
September 21, 2022 Meeting Agenda Packet
GENERAL FUND
FY 2022
Adopted
4,141
988
30,000
2,508,611
FY 2022
Amended
4,141
988
30,000
2,508,611
12,500 12,500
569,454 569,454
FY 2022
Projected
FY 2023 Budget vs Budget %
Adopted Budget Net Change
4,141
30,000
437
2,606,581
12,500
569,455
2,500 2,500 -
15,000 15,000 22,000
5,250 5,250 2,600
25,000 25,000 28,000
20,000 20,000 2,500
87,000 87,000 87,000
905,000 1,429,000 1,100,000
31,419 31,419 31,419
1,404 1,404 1,404
75,000 75,000 75,000
113,500 113,500 113,500
5,750,390 1
4,935,767 1 5,307,626 1 5,871,626 1
458,805
32,324
7,420
7,800
46,910
91,201
5,036
781
4,810
30,252
7,075
1,960
16,302
135
99,418
187,743
4,055
2,831
7,905
1,390
1,197
92,408
40,690
5,997
146,660
478,934 418,934
33,000 33,000
7,956 7,956
8,400 8,400
56,634 56,634
112,190 72,190
7,175 7,175
1,013 1,013
4,800 4,800
32,754 32,754
7,660 7,660
1,764 1,764
14,153 14,153
400 400
300 300
125,000
222,500
9,000
4,600
13,000
3,000
2,000
100,000
40,000
7,500
150,732
52 of 127
418,934
33,000
7,956
6,000
44,000
72,190
3,900
600
3,400
24,500
6,000
100
14,153
400
445
160,000 215,000
222,500 315,000
9,000 9,000
4,600 1,500
13,000 18,947
3,000 3,000
2,000 2,000
100,000 100,000
40,000 40,000
7,500 7,500
150,732 172,000
3,630 (511)
938 (50)
30,000
2,640,131 131,520
12,500
567,782 (1,672)
2,500
15,000
4,355 (895)
25,000
20,000
87,000
1,752,000 847,000
31,882 463
470 (934)
162,639 87,639
113,500
6,577,931 1 1,270,306 1
-12.34%
0.00%
-5.06%
0.00%
0.00%
0.00%
5.24%
0.00%
0.00%
0.00%
-0.29%
0.00%
0.00%
0.00%
0.00%
-17.05%
0.00%
0.00%
0.00%
0.00%
0.00%
93.59%
1.48%
-66.50%
116.85%
0.00%
0.00%
23.93%1
309,655 (169,280) -35.35%
33,000 0.00%
4,035 (3,921) -49.28%
6,300 (2,100) -25.00%
41,671 (14,962) -26.42%
96,579 (15,611) -13.92%
5,427 (1,748) -24.37%
793 (220) -21.72%
2,400 (2,400) -50.00%
21,885 (10,869) -33.18%
5,118 (2,542) -33.18%
1,260 (504) -28.57%
8,987 (5,166) -36.50%
400 0.00%
300 - 0.00%
0.00%
0.00%
134,600 9,600 7.68%
281,000 58,500 26.29%
9,000 0.00%
4,600 - 0.00%
13,000 0.00%
3,000 - 0.00%
2,000 0.00%
100,000 - 0.00%
40,000 0.00%
7,500 0.00%
276,318 125,586 83.32%
0.00%
September 21, 2022 Meeting Agenda Packet
GENERAL FUND
Description
FY 2021
Actual
FY 2022
Adopted
FY 2022
Amended
FY 2022
Projected
FY 2023
Adopted
Budget vs
Budget Net
Budget %
Change
Dues & Memberships-
-
-
-
-
-
0.00%
Schools & Training
2,827
4,652
4,652
2,000
3,630
(1,022)
-21.97%
Safety Program-
-
-
-
-
-
0.00%
Travel & per diem
-
1,138
1,138
-
1,038
(100)
-8.79%
Rent/Lease Equipment
575
-
-
-
-
-
0.00%
Advertising
-
-
-
-
-
-
0.00%
TCEQ Fees & Permits
28,791
12,000
22,000
22,000
12,000
-
0.00%
Miscellaneous Expenses-
-
-
-
-
-
0.00%
Property Maintenance-
-
-
-
-
-
0.00%
Lawn Services
10,430
16,000
16,000
10,000
16,000
-
0.00%
Interfund Transfer Out -Tax I&S
114,681
115,924
115,924
115,924
116,245
321
0.28%
Interfund Transfer Out- Revenue I&S
688,005
690,085
690,085
690,086
691,931
1,846
0.27%
Interfund Transfer Out -Bond Reserve-
-
-
-
-
-
0.00%
Interfund Transfer Out -Bank Reserve
38,802
-
-
-
-
-
0.00%
Furniture/Equipment < $5000
228
500
500
500
500
-
0.00%
Fuel & Lube
13,408
12,500
12,500
12,500
12,500
-
0.00%
Uniforms
4,168
6,205
6,205
6,205
4,415
(1,790)
-28.85%
Chemicals- WWTP
23,442
32,500
32,500
32,500
32,500
-
0.00%
Chemicals- Collections
4,895
10,000
10,000
10,000
10,000
-
0.00%
Small Tools
343
-
-
-
-
-
0.00%
Safety Equipment
307
-
-
-
-
-
0.00%
Lab Supplies
28,349
33,000
33,000
33,000
33,000
-
0.00%
Capital Outlays
222,147
700,000
685,000
300,000
895,000
195,000
27.86%
Short Term Debt -Principal
81,295
81,878
81,878
83,496
85,766
3,888
4.75%
Short Term Debt -Interest
8,496
7,312
7,312
7,312
2,801
(4,511)
-61.69%
Gasb34/Reserve for Replacement
752,986
130,000
130,000
130,000
165,777
35,777
27.52%
Capital Lease Issuance Cost
-
-
-
-
-
-
0.00%
Subtotal Wastewater Expenses
3,325,280
3,298,159
3,228,159
2,975,047
3,491,931
193,772
5.88%
Board of Directors Expenses
Salaries & Wages
Social Security Taxes
Medicare Taxes
Unemployment Taxes
Workman's Compensation
Publications/Books/Subscripts
Dues & Memberships
Meetings
Schools & Training
Travel & per diem
Miscellaneous Expenses
Subtotal Board of Directors Expenses
Administration Expenses
Salaries & Wages
Overtime
Longevity
Retirement
Medical Insurance
Dental lnsurance
Vision Insurance
Life Insurance & Other
Social Security Taxes
Medicare Taxes
Unemployment Taxes
Workman's Compensation
Pre-emp Physicals/Testing
Employee Relations
Engineering
9
1,195
1,418
58
2,680
516,401
97
2,668
48,136
75,830
4,204
616
4,829
30,429
7,116
1,512
1,542
3,422
30
750
1,500
4,000
5,000
500
11,780
567,338
2,000
2,972
61,353
103,384
6,533
819
4,800
35,483
8,298
1,512
1,425
500
4,000
53 of 127
30
750
1,500
4,000
5,000
500
11,780
567,338
2,000
2,972
61,353
83,384
6,533
819
4,800
35,483
8,298
1,512
1,425
500
4,000
15
750
1,500
625
2,890
567,338
500
2,973
61,353
71,000
4,000
600
4,800
35,483
8,298
100
1,425
516
4,000
15
750
1,500
4,000
5,000
500
11,765
620,938
2,000
2,423
73,825
116,290
6,051
899
2,400
38,772
9,068
1,512
1,496
500
4,000
(15)
(15)
53,600
(550)
12,472
12,906
(482)
80
(2,400)
3,289
769
71
0.00%
0.00%
0.00%
0.00%
-50.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
-0.13%
9.45%
0.00%
-18.49%
20.33%
12.48%
-7.37%
9.80%
-50.00%
9.27%
9.27%
0.00%
4.97%
0.00%
0.00%
0.00%
September 21, 2022 Meeting Agenda Packet
GENERAL FUND
Description
FY 2021
Actual
FY 2022
Adopted
FY 2022
Amended
FY 2022
Projected
FY 2023
Adopted
Budget vs
Budget Net
Budget %
Change
Software & Support
Independent Labor
Maintenance & Repairs
Generator Maintenance & Repairs
Building Maintenance & Supplies
Cleaning Services
Professional Outside Services
Utility Billing Contract
Telephone
Communications/Mobiles
Electricity
Water
Postage
Bank Service Charges & Fees
Bad Debt Expense
Insurance
Publications/Books/Subscripts
Dues & Memberships
Meetings
Public Education
Schools & Training
Travel & per diem
Physicals/Testing
Elections
Advertising
Security
Miscellaneous Expenses
General Manager Contingency
Lawn Services
Furniture/Equipment < $5000
Uniforms
Hardware IT
Office Supplies
Printer Supplies & Maintenance
Maintenance Supplies
Printing
Capital Outlays
Copier Lease Installments
IGasb34/Reserve for Replacement
96,552 122,310 122,310 105,000 131,700 9,390 7.68%
16,573 15,000 25,000 28,200 15,000 0.00%
94,832 40,000 40,000 46,000 40,000 0.00%
670 3,000 3,000 3,000 3,000 0.00%
- - - 0.00%
17,315 12,000 12,000 12,000 12,000 0.00%
103,120 70,281 70,281 75,000 75,040 4,759 6.77%
7,188 9,000 9,000 9,000 9,000 - 0.00%
7,365 8,500 8,500 6,000 6,000 (2,500) -29.41%
2,700 3,000 3,000 3,000 3,000 - 0.00%
13,873 15,213 15,213 15,213 24,369 9,157 60.19%
3,828 5,000 5,000 5,000 5,000 0.00%
21,713 30,000 30,000 30,000 30,000 0.00%
90,222 85,000 85,000 95,000 95,000 10,000 11.76%
10,998 1,500 1,500 1,500 1,500 - 0.00%
80,698 84,000 84,000 84,000 88,200 4,200 5.00%
183 - - - 0.00%
6,017 6,000 6,500 6,500 6,500 500 8.33%
289 4,000 - - 0.00%
3,063 2,000 3,867 40,000 38,000 1900.00%
3,639 5,250 5,250 1,200 3,250 (2,000) -38.10%
304 1,588 1,587 800 1,588 0.00%
- - - - - 0.00%
9,330 5,000 12,500 3,765 - (5,000) -100.00%
625 2,500 2,500 9,737 - (2,500) -100.00%
312 - - 0.00%
392 - - 112 - - 0.00%
- - - 0.00%
4,012 5,000 5,000 5,000 5,000 - 0.00%
- 10,000 10,000 3,284 10,000 0.00%
20,339 530 530 530 530 0.00%
4,682 21,400 21,400 21,400 8,400 (13,000) -60.75%
4,553 6,000 6,000 4,500 6,000 0.00%
123,356 - - 0.00%
3,168 4,000 4,000 5,514 4,000 - 0.00%
- - - 0.00%
190,000 190,000 140,000 - (190,000) -100.00%
- 4,000 4,000 4,000 4,000 - 0.00%
26,736 26,736 0.00%
Subtotal Administration Expenses
1,448, 713 1 1,567,488 1 1,567,488 1 1,490, 506 1 1,534,986
(32,502)1
-2.07%I
Non Departmental Expenses
Legal
(Auditing
(Appraisal
Tax Admin Fees
Subtotal Non Departmental Expenses
42,018
21,000
11,122
3,821
77,961
135,000 100,000
33,800 33,800
12,055 12,055
4,850 4,850
185,705 150,705
60,000
33,800
12,311
3,874
109,985
65,000
33,800
12,940
5,000
116,740
(70,000)
885
150
(68,965)
-51.85%
0.00%
7.34%
3.09%
-37.14%
Total General Fund Revenues
$ 9,772,566
$ 10,370,758
$ 10,909,758
$ 11,172,408
$ 11,733,354
$ 1,362,596
13.14%
Total General Fund Expenses
$ 9,790,401
$ 10,370,758
$ 10,829,758
$ 10,328,819
$ 11,733,354
$ 1,362,596
13.14%
Net Budget Surplus (Deficit)
$ (17,835)
$ 0
$ 80,000
$ 843,589
$ 0
$ -
54 of 127
September 21, 2022 Meeting Agenda Packet
TAX DEBT PAYMENTS
LONG TERM TAX DEBT
REVENUE DEBT PAYMENTS
LONG TERM REVENUE DEBT
MUD/PID
Reimburse
Par Amount
Principal
FY 2023
Interest
3/01
Interest
9/01
Subtotal
Interest
Paying
Agent Fee
Total
Maturity
Date
First Callable
Date
Project/Reason
Series 2012 (Tax)
MUD
$2,355,000
$250,000
$3,750
$3,750
$7,500
$500
$258,000
9/1/2023
9/1/2020
Refund MUD 92 Unlimited Tax Bonds Series 2002
and costs of issuance
Series 2013 (Tax)
MUD
$1,905,000
$215,000
$3,763
$3,763
$7,525
$500
$223,025
9/1/2023
9/1/2023
Refund MUD 92 Unlimited Tax Bonds Series 2003
& Unlimited Tax Refunding Bonds Series 2005 and
costs of issuance
Series 2020 (Tax)
MUD
$1,220,000
$115,000
$7,085
$7,085
$14,170
$750
$129,920
9/1/2031
9/1/2031
Refund MUD 81 Unlimited Tax Bonds Series 2010
and costs of issuance of the Bonds, Trophy Club
Fire Station
SUBTOTAL MUD -ONLY TAX BONDS:
$5,480,000
$580,000
$14,598
$14,598
$29,195
$1,750
$610,945
Series 2014 (Tax)
MUD/PID
$5,765,000
$280,000
$59,306
$59,306
$118,613
$400
5399,013
9/1/2034
9/1/2024
Tax Bonds for WWTP Expansion
SUBTOTAL MUD/PID TAX BONDS:
$5,765,000
$280,000
$59,306
$59,306
$118,613
$400
$399,013
TOTAL ALL TAX BONDS:
$11,245,000
$860,000
$73,904
573,904
$147,808
$2,150
$1,009,958
REVENUE DEBT PAYMENTS
LONG TERM REVENUE DEBT
CAPITAL LEASE PAYMENTS
SHORT TERM REVENUE DEBT
Revenue
Rates
Par Amount
Principal
FY 2023
Interest
3/01
Interest
9/01
Subtotal
Interest
Paying
Agent Fee
Total
Maturity
Date
First Callable
Date
Project/Reason
Series 2015 (Revenue) WWTP
$9,230,000
$420,000
592,119
$92,119
5184,238
$400
$604,638
9/1/2035
9/1/2025
Revenue Bonds for WWTP Expansion
Series 2016 (Revenue) SWIFT
$4,635,000
$220,000
$27,569
$27,569
555,139
$400
$275,539
9/1/2036
9/1/2027
Revenue Bonds for Fort Worth Line NSII
Series 2019 (Revenue) WT & WW
$7,080,000
5165,000
5107,069
5107,069
5214,138
5400
$379,538
9/1/2049
9/1/2028
Revenue Bonds for 16in Water Line (77%) Overrun
for WWTP Expansion (23%)
TOTAL ALL REVENUE BONDS:
$20,945,000
$805,000
$226,757
$226,757
$453,514
$1,200
$1,259,714
CAPITAL LEASE PAYMENTS
SHORT TERM REVENUE DEBT
55 of 127
Revenue
Rates
Par Amount
Principal
FY 2023
Interest
2/01
Interest
8/01
Subtotal
Interest
Paying
Agent Fee
Total
Payoff Date
Reason
Department
Vaccon Truck (Water usage 43%)
$154,843
531,882
$470
$0
$470
$ -
$32,352
2/1/2023
Replacement
Water
Vaccon Truck (WW usage 57%)
5205,257
$42,262
$623
$0
$623
$ -
$42,886
2/1/2023
Replacement
Wastewater
Camera Van
5205,504
$43,504
51,302
$876
$2,178
$ -
$45,681
2/1/2024
Replacement
Wastewater
Total:
$565,604
$117,648
$2,395
$876
$3,271
$ -
$120,919
55 of 127
September 21, 2022 Meeting Agenda Packet
Annual Long -Term Debt Payments
$2,500,000.00
WT & WW REV SERIES 2019
($7,080,000)
WT REV SERIES 2016
$2,000,000.00 - ($4,635,000)
$1,500,000.00 -
$1,000,000.00 -
$500,000.00 -
WW REV SERIES 2015
($9,230,000)
UTR GO SERIES 2020
($1,220,000)
■ UTR GO SERIES 2014
($5,765,000)
■ UTR GO SERIES 2013
($1,910,000)
■ UTR GO SERIES 2012
($2,355000)
2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049
$140,000.00
$120,000.00
$100,000.00
$80,000.00
$60,000.00
$40,000.00
$20,000.00
$-
Annual Capital Lease Payments
2023 2024
CAMERA VAN LEASE 2019
($210,000)
■ VAC TRUCK LEASE 2018
($360,100.40)
56 of 127
September 21, 2022 Meeting Agenda Packet
CAPITAL OUTLAYS
Department
1
FY 2023
1
FY 2024
1
FY 2025
1
FY 2026
1
FY 2027
Water
Water Line Replacement
$ 1,400,000
$ 1,442,000
$ 1,485,260
$ 1,529,818
$ 1,575,712
Pump Station Improvements
$ 250,000
$ 1,000,000
$ 1,000,000
$ -
$ -
Fleet Replacement
$ 102,000
$ 35,000
$ 41,000
$ -
$ -
Lift Station Generators
$ -
$ -
$ -
$ -
$ -
Water Grand Totals
$ 1,752,000
$ 2,477,000
$ 2,526,260
$ 1,529,818
$ 1,575,712
WASTEWATER
Wastewater Line Improvements
$ 100,000
$ 500,000
$ 500,000
$ 500,000
$ 500,000
Lift Station Improvements
$ -
$ 50,000
$ 50,000
$ 50,000
$ 50,000
Permeate Pump Piping
$ 200,000
$ -
$ -
$ -
$ -
Lift Station Generators
$ 500,000
$ -
$ -
$ -
$ -
WWTP Auto Sampler
$ 10,000
$ -
$ -
$ -
$ -
WWTP VFDs
$ 23,000
$ -
$ -
$ -
$ -
MBR CIP Tanks and Piping
$ -
$ 100,000
$ -
$ -
$ -
Crane Pulley
$ -
$ 35,000
$ -
$ -
$ -
Concrete Repairs
$ -
$ 35,000
$ -
$ -
$ -
Fleet Replacement
$ 62,000
$ 35,000
$ 125,000
$ -
$ -
$ -
$ -
$ -
$ -
Wastewater Grand Totals
$ 895,000
$ 755,000
$ 675,000
$ 550,000
$ 550,000
ADMIN
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$
$ -
$ -
$ -
$ -
$
Admin Grand Totals
$ -
$ -
$ -
$ -
$ -
57 of 127
September 21, 2022 Meeting Agenda Packet
ANNUAL WATER CONSUMPTION AND REVENUE BY YEAR
1,000,000
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
Annual Consumption in (Thousand) Gallons
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
$7,000,000
$6,000,000
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,000,000
$-
Annual Water Revenue
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
AVERAGE MONTHLY METERS AND AVERAGE GALLONS BY YEAR
4,900
4,800
4,700
4,600
4,500
4,400
4,300
4,200
4,100
4,000
3,900
Average Monthly Meters
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
24,000
22,000
20,000
18,000
16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
Average Monthly Gallons per Meter
•
rt
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
ANNUAL WASTEWATER FLOW AND REVENUE BY YEAR
500,000
400,000
300,000
200,000
100,000
0
Annual WWTP Flow in (Thousand) Gallons
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
$4,500,000
$4,000,000
$3,500,000
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$-
Annual Wastewater Revenue
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
58 of 127
TROPHY CLUB
MUNICIPAL
UTILITY
DISTRICT
September 21, 2022 Meeting Agenda Packet
STAFF REPORT
September 21, 2022
AGENDA ITEM
Consider and take appropriate action to adopt Rate Order No. 2022-0921A amending water rates and
setting an effective date of October 1, 2022.
DESCRIPTION
The changes in the proposed Rate Order are shown below.
Section 2.01 Water Service Rates.
Base Rates:
METER MONTHLY BASE RATE
SIZE Current Effective Oct. 1
5/8" & 3/4" $18.54 $20.26
1" $34.84 $38.08
1.5" $61.79 $67.54
2" $98.87 $108.06
3" $187.37 $204.80
4" $308.95 $337.68
6" $617.91 $675.38
Volumetric Rates:
Gallons Used
0 to 6,000
6,001 to 17,000
17,001 to 25,000
25,001 to 50,000
50,001+
ATTACHMENTS
Rate Order 2022-0921A
Rate per 1000 gallons
Current Oct. 1
$4.09 $4.60
$4.76
$5.51
$6.40
$7.44
$5.35
$6.19
$7.19
$8.36
RECOMMENDATION
Staff recommends the adoption of Rate Order No. 2022-0921A amending water rates and
setting an effective date of October 1, 2022.
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RATE ORDER
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO.1
ORDER NO. 2022-0921A
AN ORDER ESTABLISHING POLICIES, PROCEDURES, AND RATES FOR
WATER AND SEWER SERVICE; PROVIDING FEES FOR CONNECTION,
RECONNECTION, INSPECTION, ACCURACY READINGS, AND RETURNED
CHECKS; REQUIRING DEPOSITS FOR SERVICE; PROVIDING A PENALTY
FOR DELINQUENT PAYMENTS; AND CONTAINING OTHER PROVISIONS
RELATING TO THE SUBJECT.
WHEREAS, Trophy Club Municipal Utility District No. 1 (the "District") is the owner and/or
operator of a water and sewer system designed to serve present and future inhabitants within the
District and the Trophy Club Development; and
WHEREAS, the District's most recent Rate Order was adopted on March 21, 2022 (Order
No 2022-0321A), and additional modifications are needed. The District desires to establish all of
its rate policies in a single new Rate Order; and
WHEREAS, the Board of Directors of the District has carefully considered the terms of
this Rate Order No. 2022-0921A and is of the opinion that the following conditions and provisions
should be established as the policies, procedures, and rates for obtaining service from the
District's water and sewer system.
THEREFORE, IT IS ORDERED BY THE BOARD OF DIRECTORS OF TROPHY CLUB
MUNICIPAL UTILITY DISTRICT NO. 1 THAT:
ARTICLE I
TAP FEES AND CONNECTION POLICY
Section 1.01. Initiation of Water and Sanitary Sewer Connections. Each person
desiring a water and sanitary sewer service connection to the District's System shall be required
to pay such fees as set forth in this Order. No service shall be established or re-established until
such fees are paid. All service connections are subject to all other rules, regulations, and policies
of the District.
A. Certification of System. Connections shall not be made to the District's
System or portions of the System until the District's engineer or District staff has
certified that the System or applicable portion thereof is operable and meets all
regulatory requirements.
B. Backflow Prevention. No water connections from any public drinking water
supply system shall be allowed to any residential or commercial establishment where
an actual or potential contamination hazard exists unless the public water facilities
are protected from contamination.
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At any residential or commercial establishment where an actual or potential
contamination hazard exists, protection shall be required in the form of a backflow
prevention assembly. The type of assembly required shall be specified by the District.
The existence of potential contamination hazards without installation having been
made of the means of control and prevention as set out in the preceding paragraph;
or the same having been installed, there is a failure to properly maintain the same,
shall be considered sufficient grounds for immediate termination of water service.
Service can be restored only when the health hazard no longer exists, or when the
health hazard has been isolated from the public water system in accordance with the
foregoing requirements.
All backflow prevention assemblies that are required according to this section
shall be tested upon installation by a recognized backflow prevention assembly tester
and certified to be operating within specifications. Backflow prevention assemblies
that are installed to provide protection against health hazards must also be tested
and certified to be operating within specifications at least annually by a recognized
backflow prevention assembly tester.
The Customer shall, at his expense, properly install, test, and maintain any
backflow prevention device required by this Rate Order. Copies of all testing and
maintenance records shall be provided to the District within ten (10) days after
maintenance and/or testing is performed.
If the Customer fails to comply with the terms of this Order, the District shall, at
its option, either terminate service to the property or properly install, test, and maintain
an appropriate backflow prevention device at the service connection at the expense
of the Customer. Any expenses associated with the enforcement of this agreement
shall be billed to the Customer.
C. Availability of Access/Obstructions. By application for connection to the
District's System, the Customer shall be deemed to be granting to the District and its
representatives a right of ingress and egress to and from the meter or point of service
for such installation, maintenance, and repair as the District, in its judgment, may
deem reasonably necessary. The Customer shall also be deemed to be granting to
the District and its representatives a right of ingress and egress to the Customer's
property, including the exterior of the Customer's premises, for the purpose of
performing the inspections and completing the Customer's Service Inspection
Certifications required by the District's rules and regulations. Taps and connections
will not be made when, in the opinion of the District, building materials or other debris
obstructs the work area or the work area is not completed or finished to grade. When
sidewalks, driveways or other improvements have been constructed prior to
application for service, such application shall be construed and accepted as the
Customer's waiver of a claim for any damages to such improvements resulting from
the reasonable actions of the District in installation of the connection.
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Section 1.02. Residential Fire Lines. Connections. and Fees. A residence of at least
six thousand (6,000) square feet but less than eight thousand (8,000) square feet shall have
installed on its one -inch (1") water service line, for fire protection, a one -inch (1") U -branch, with
a separate meter and meter -box. The cost of installation, including parts, equipment, and labor
shall be eight -hundred dollars ($800.00), payable at the time of permitting.
A residence of eight thousand (8,000) square feet or greater, in addition to its regular one -
inch (1") water service line, shall have installed a separate one -and one-half (1 '/2 ") water service
line for fire protection with its own meter and meter -box. The cost of connection and installation
of the fire line and meter shall be either one thousand six hundred dollars ($1,600.00) if the home
is on the same side of the street as the waterline; or, if it is on the opposite side of the street from
the waterline, necessitating boring, then the charge shall be five thousand nine hundred seventy
five dollars ($5,975.00), payable at the time of permitting to the District.
Section 1.03. Connections by District. All Connections to the District's water and sewer
system shall be made with written approval of the District and in accordance with the District's
Plumbing Code and its rules and regulations.
No person except the General Manager or his/her authorized agent shall be permitted to
tap or make any connection to the mains or distribution piping of the District's water system, or
make any repairs, additions to, or alterations in any meter, box, tap, pipe, cock or other fixture
connected with the water system or any manhole, main, trunk or appurtenance of the District's
sanitary sewer system. No sewer connection shall be covered in the ground and no house lead
shall be covered in the ground before it has been inspected and approved by a licensed plumbing
inspector with jurisdiction of the site.
Section 1.04. Water and Sewer Tap Fees. Fees for water and sewer taps performed
by the District are as follows:
Water Service Taps:
Size
up to1"Tap
2" Tap
3" Tap
4" Tap
6" Tap
8" Tap
10" Tap
Fee for Tap
$ 2,500.00
$ 3,500.00
Quoted at time of request
Quoted at time of request
Quoted at time of request
Quoted at time of request
Quoted at time of request
Bore (if
applicable)
$5,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
Sewer Service Taps: Actual cost plus 10%. An estimate will be provided prior to work
being performed.
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When water taps have been made by someone other than the District personnel, there is
an installation/inspection fee of fifty dollars ($50.00) plus the cost of the appropriate meter.
Section 1.05. Inspections and Fees. Fees for permits and for plumbing inspections
(other than for sewer and backflow inspections referred to below in subparagraphs A and B)
should be paid to the city or town in which the property is located or to the District if the property
is not located within a city or town.
A. Sewer Inspection and Fees. Sewer connections and house service lines shall
be inspected by the District. An inspection fee of one -hundred -fifty dollars ($150.00)
shall be paid to the District for each connection to the District sanitary sewer system.
Installations that fail to conform at any time to the rules and regulations shall be
disconnected. Any customer whose connection is disconnected for such failure shall
be notified as to the basis for such disconnection. After noted deficiencies have been
corrected, a re -inspection shall be made upon payment to the District of a re-
inspection fee of twenty-five dollars ($25.00), plus payment by the customer of all
outstanding charges. If subsequent re -inspections are required before the sewer
connection and service lines are in compliance with the rules and regulations, a re-
inspection fee of twenty-five dollars ($25.00) shall be paid to the District for each
subsequent re -inspection. Inspections by the District requested after regular business
hours will be charged at a minimum of one -hundred dollars ($100.00).
B. Backflow Inspections. Backflow installations (residential and commercial)
that require annual inspections must have a certified Backflow Technician perform
the testing and submit the report annually to the District.
C. Swimming Pool Discharge into Sanitary Sewer System. New swimming
pools permitted on or after June 24, 2005, shall have all backwash and/or drainage
from said pool discharge into the sanitary sewer system. Owners of pools built or
permitted prior to July 1, 2005, are not required to retrofit the pool equipment and tie
into the sanitary sewer. However, swimming pool backwash and drainage must drain
to grassy areas and is not permitted to flow into the storm drain system, creeks, or
other waterways.
For swimming pools discharging to the sanitary sewer system, an indirect connection
shall be made by means of an air break, discharging into a tailpiece installed a
minimum of six inches (6") (or 152 mm) above adjacent grade. The tailpiece shall be
connected to a minimum three-inch (3" or 76mm) p -trap not less than twelve inches
(12" or 304 mm) below grade which discharges into the yard cleanout riser. Backwash
systems shall not flow onto neighboring properties or into the storm sewer. The tie-in
and inspection fee shall be seventy-five dollars ($75.00) to be paid at the time of
issuance of the pool permit.
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Section 1.06 Temporary Water Service -Construction Meters.
A. Construction Meters. The District shall be authorized to make a temporary
connection to any fire hydrant or flushing valve upon request for temporary water
service. All temporary service shall be metered and billed to the temporary customer
as provided herein. All unauthorized withdrawal of water from flushing valves, fire
hydrants, or other appurtenances of the District's System is prohibited.
B. Application and Deposit. Each temporary customer desiring temporary
water service shall be required to execute an application for such temporary service
and shall provide a minimum -security deposit of one -thousand -seven -hundred -
seventy -five dollars ($1,775.00) for a three-inch (3") meter and RPZ; one -thousand -
four -hundred -twenty-five dollars ($1,425.00) for a smaller meter and smaller RPZ.
The deposit shall be made by cashier's check or money order payable to the
District. The deposit shall be used by the District to secure the payment for
temporary water supplied by the District, the installation fee, and the cost of repair
of any damages caused by the temporary customer. The balance of the security
deposit, if any, shall be refunded after disconnection from the District's System.
C. Construction Meter Fees and Rates. Construction meters will be charged
the same monthly rates (base fee and volumetric rate) for water as commercial
accounts as set forth in Article II of this Rate Order.
D. Temporary Construction Meter Use and Billing. Construction meters can
be rented by filing an application at the District office and payment of all required
deposits. Upon approval of the application, a temporary meter and RPZ will be
provided to the applicant. Installation on any fire hydrant or flush valve must be
approved by the District and District meters may only be used within the District's
service area. The location of installation must be indicated on the application and
cannot be relocated unless notification is provided to and approved by the District in
advance. Temporary meters may only be rented for a period of ninety (90) days and
extensions may be approved upon request and approval. Failure to return a
temporary meter or request a usage extension by the due date will result in
repossession of the meter and forfeiture of the deposit.
Upon return of a temporary construction meter, an inspection of the meter and RPZ
will be performed. Any and all damages to the meter and/or RPZ will be charged to
the customer and deducted from the deposit. If the deposit does not cover the total
amount of damages, the balance will be billed to the customer and payment must be
received by the due date. Failure to pay all charges due will result in suspension of
rental privileges until payment in full and may result in collection procedures.
E. Return of Temporary Meter at District Request. The District reserves the
right to request the return of a temporary construction meter at any time determined
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necessary by the District. Should Stage 2 Drought Restrictions or more stringent
restrictions be implemented, all temporary construction meters must be returned
within three (3) business days of notification by the District. Failure to promptly return
the temporary meter within three business days will result in repossession of the
meter and forfeiture of the deposit. Should District personnel be unable to locate the
temporary meter for repossession, theft charges will be filed against the meter holder
with local law enforcement.
Section 1.07 Service Outside the District. The rates and charges stated in this Rate
Order are for services to customers and property located within the boundaries of the District. Any
service to a customer or property located outside the boundaries of the District shall be granted
only upon approval by the Board of Directors of the District. Out of District customers will pay
the adopted rates for in district customers plus 15% for both water and sewer base and volumetric
rates. For the purpose of customer classification, Trophy Club Park at Lake Grapevine is
considered "in -district" and subject to all rates and service provisions related to in -district
customers.
Section 1.08 Service to New Development and Extension of Facilities.
A. New Service Connections and Extension of Facilities. New service
connections and extension of facilities must be constructed and installed in
accordance with the District's Rules Governing New Service Connections and
Extension of Facilities as approved through separate Resolution by the Board of
Directors. Applicants for Non -Standard Service must submit all required
information and pay all fees prior to conveyance of facilities and service
commencement.
B. Application Fee for Non -Standard Service. Upon request for non-standard
service an application fee of $150 must be submitted.
C. Design of Facilities. All water and wastewater facilities to be constructed to
extend service to new developments must be designed by a professional engineer
licensed in the State of Texas at the applicant's expense. The District must approve
the plans and specifications prior to the commencement of construction. At the time
of plan review submittal, the applicant must provide payment to the District in the
amount of $2,500.00 as deposit for review of each set of plans and specifications
reviewed by the District's engineer. The actual final fee for plan review by the District's
engineer shall be provided to the applicant upon approval of the plans. If there is a
balance due over the $2,500 paid by the applicant at submittal, the balance due shall
be paid by the applicant prior to receiving District approval of plans and specifications.
District construction plans, and specifications shall be strictly adhered to, but the
District reserves the right to change order any specifications, due to unforeseen
circumstances during the design or construction of the proposed facilities, or as
otherwise authorized by applicable laws, to better facilitate the operation of the facility.
All expenses and costs associated with a change order shall be charged to the
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applicant. Service to new developments is subject to available capacity in the
District's water and wastewater systems. All new potential developments must seek
written approval from the General Manager that capacity is available to serve and
may be required to install offsite improvements if capacity is not available with current
system infrastructure.
D. Inspection Fees. The District will inspect all infrastructure during construction.
Inspection fees of $100 per lot must be paid to the District prior to a notice to proceed
being issued. A minimum of $500 for inspection fees is required if less than five (5)
lots are to be developed.
Section 1.09 Water Meter Fees.
METER SIZE WATER METER FEE
5/8" $318
1" $381
1-1/2" $780
2" Quoted at Time of Purchase
3" Quoted at Time of Purchase
4" Quoted at Time of Purchase
6" Quoted at Time of Purchase
8" Quoted at Time of Purchase
10" Quoted at Time of Purchase
Fees must be received by the District before any connection is installed.
A customer seeking service through an oversized connection line or from a meter larger
than a one inch (1") standard meter shall follow the District's policy for new development as
outlined in Section 1.07 above. Should approval be granted by the District, the customer agrees
to pay the water and sewer rates as outlined in Article II of this Rate Order.
Section 1.10. Fort Worth Impact Fee. Each customer requesting an initial connection,
shall also pay to the District the applicable City of Fort Worth Impact Fee.
Section 1.11. Title to Facilities. Title to all water meters, water and sewer taps, and all
other appurtenances, including meter boxes, shall lie in the District.
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ARTICLE II
SERVICE RATES
Section 2.01. Water Service Rates. The following monthly rates for water service shall
be in effect for each separate connection within the District. The base rate for each connection
(meter) is calculated upon meter size and will be charged for each residential and commercial
meter:
(1) Water Rates Effective October 1, 2022
BASE RATES:
Meter Size Monthly Base Rate
5/8" & 3/4" $20.26
1" $38.08
1.5" $67.54
2" $108.06
3" $204.80
4" $337.68
6" $675.38
VOLUMETRIC RATES:
Gallons Used
0 to 6,000
6,001 to 17,000
17,001 to 25,000
25,001 to 50,000
50,001 +
(2) Multi -Unit Buildinas.
Rate per
1000 gallons
$4.60
$5.35
$6.19
$7.19
$8.36
Each multi -unit building (apartments, townhomes, business complex, etc.)
served by a single 5/8" meter or 1" meter shall be billed the base rate for
the meter size servicing the building multiplied by the number of units in the
building or complex.
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Section 2.02. Sewer Service Rates. The following monthly rates for the collection and
disposal of sewage shall be in effect for each separate connection within the District:
Residential Sewer Rates: The District uses winter averaging for the purpose of
calculating sewer charges on utility bills. The sewer charges are based on average water
consumption for three months (December, January, and February billing). The average
consumption will be analyzed annually and take effect the first of April each year.
New customers will be assigned a default value user charge that is equal to the average
winter water use for all residential customers. The winter average used for new residential
customer is 7,000 gallons.
A customer with a water leak during the averaging months may request a reduction in the
sewer usage calculation. Any customer filling a pool after resurfacing, construction or major
repairs during the averaging months may request that their winter average calculation be
adjusted. Requests for a reduction in sewer usage calculations must be submitted in writing to
the General Manager and have documentation showing the construction or repairs as applicable
to the issue. The General Manager or a duly authorized representative may adjust the metered
water usage in determining the winter average. To assist in establishing winter averaging sewer
rates, customers are encouraged to submit requests for sewer average reductions no later than
March 15th.
A. Residential Sewer Rates:
Base Rate:
0 to 4,000
4,001 to 8,000
8,001 to 12,000
12,000+
B. Commercial Sewer Rates:
$ 22.15
$ 3.57
$ 5.09
$ 7.18
$ 10.22
Base Rate: $ 22.15
Volumetric Rate: $ 6.78
*Commercial sewer usage is billed based on actual water usage per month
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C. Multi -Unit Buildings.
Each multi -unit building (apartments, townhomes, business complex, etc.) shall be
billed the base rate for each meter servicing the building and sewer usage will be
billed based on actual water usage per month.
Section 2.03 Effluent Charge. The effluent from the District's wastewater treatment
plant will be sold pursuant to separate contracts entered into with the District and approved by its
Board of Directors.
Section 2.04. Master Meter (Cooling Tower Calculation). The water usage from the
master meter reading minus the reading from the "Blow Down" meter equals the "evaporation."
Water usage less "evaporation" equals sewer usage for billing purposes.
Section 2.06. Regulatory Assessment. Pursuant to Section 5.235, Texas Water Code,
and 30 TAC 291.76, the District shall collect and pay an annual regulatory assessment fee to the
Texas Commission on Environmental Quality ("TCEQ") in the amount required by law on the total
charges for retail water and sewer service billed to its customers annually. The regulatory
assessment fee will be detailed separately on customer bills.
Section 2.07. No Reduced Rates or Free Service. All customers receiving water and/or
sewer service from the District shall be subject to the provisions of this Order and shall be charged
the rates established in this Order. No reduced rate or free service shall be furnished to any
customer whether such user be a charitable or eleemosynary institution, a political subdivision,
or municipal corporation; provided, however, this provision shall not prohibit the District from
establishing reasonable classifications of customers.
ARTICLE III
SERVICE POLICY
Section 3.01. Security Deposits. Security deposits shall be required as follows:
A. Builder's Deposit. A seventy-five dollar ($75.00) security deposit shall be
required of builders for each tap made by the District for such service connection,
payable at or prior to the time that such tap is made, and the security deposit is
refundable to the builder when the account is later transferred to an owner if that
account and all other accounts of the builder are current at the time of the transfer;
but, if that account or any other account of the same builder is not current at the time
of such transfer to an owner, then the security deposit shall be applied against the
outstanding balance of the builder's account(s) at the time of such transfer. The
District shall deduct from the deposit the cost to repair any damage caused to the
District's property by the builder or the builder's employees, contractors,
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subcontractors, or agents and shall deduct any delinquent water and sewer service
bills of the builder. In the event any amounts are deducted from the builder's deposit,
it will be incumbent on the builder to reinstate the original amount of the deposit, and
failure to do so will result in the suspension of any additional water taps for the builder.
B. Residential Owners. A security deposit of seventy-five ($75.00) shall be
required from each residential owner customer for a single-family home connected to
the District's system. Upon discontinuation of service, the deposit shall be applied
against amounts due, including disconnection fees.
C. Commercial Deposits
COMMERCIAL DEPOSITS
METER SIZE WATER SEWER
3/4" $75 $60
1" $100 $100
1.5" $250 $200
2" $500 $320
3" $1,000 $700
4" $1,800 $1,200
6" $3,750 $2,500
8" $5,400 $3,600
D. Residential Lessees. A security deposit of one -hundred -fifty dollars
($150.00) shall be required from each residential lessee customer for a single-family
home. Upon discontinuation of service, the deposit shall be applied against amounts
due, including any disconnection fees.
E. Construction Meters. See Section 1.06 above.
F. Other customers. A security deposit equal to two (2) months estimated
average monthly water and sewer bill shall be required of all other customers
including commercial and multi -unit accounts.
G. Deposits. The District does not pay interest on deposits. The interest drawn
by the District on customer deposits is returned into the operating budget of the
water/sewer fund to help in providing the lowest possible water and sewer rates for
our customers.
Section 3.02. Billing Procedures. All accounts shall be billed in accordance with the
following:
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A. Due Date and Delinquency. Charges for water and sewer service shall be
billed monthly. Payment shall be due on or before the twentieth (20th) day of the month
in the month in which the bill was received. Unless payment is received on or before
the twentieth (20th) day of the month, such account shall be considered delinquent. If
the due date falls on a holiday or weekend, the due date for payment purposes shall
be the next working day after the due date. The District shall charge a penalty on past
due accounts calculated at the rate of fifteen percent (15%) per month on water and
sewer charges. The rates for water and sewer service shall depend upon the type of
user and upon whether the water used has been chemically treated, as provided in
this Rate Order. All accounts not paid by the due date shall be deemed delinquent
and failure to make payment thereafter may result in the termination of water and
sewer service.
B. Notice and Appeal. Prior to termination of service, a customer who is
delinquent in payment shall be sent a notice that service will be discontinued on or
after the fifteenth (15th) day after the date of such notice unless payment in full is
received before by such day disconnection is scheduled. Notice shall be sent by first
class United States mail and shall inform the customer of the amount of the delinquent
bill, the date service will be disconnected if payment is not made, and of the
customer's right to contest, explain, or correct the charges, services, or
disconnection. Service shall not be disconnected where a customer has informed the
District of his or her desire to contest or explain the bill. If the customer appears before
the Board, the Board shall hear and consider the matter and inform the customer of
the Board's determination by sending written notice to the customer by first class
United States mail stating whether or not service will be disconnected. In the event
of a service is disconnected more than two (2) times per calendar year (January
through December) for non-payment, an additional Security Deposit of $150.00 will
be required for Residential homeowners and $150.00 for Lessees to restore service
in addition to a $50.00 service fee, and afterhours re -connection charges if applicable,
and any outstanding balance in Arrears will need to be brought current. As set out
above in Section 3.01. If payment is not received prior to the date that disconnection
has been scheduled, a service charge of $50.00 dollars will be added to the account.
Reconnections made outside of the District's normal business hours at the customer's
request will be charged at an additional after hour's fee of one -hundred dollars
($100.00).
C. Business Hours. For purposes of assessing the foregoing charges, "normal"
or "regular" business hours shall mean only the hours between 8 a.m. and 5 p.m.,
Monday through Friday. All other times, including District holidays, are outside of the
District's normal business hours and will result in the higher charge.
D. Returned Checks and Bank Drafts. A twenty -five -dollar ($25.00) charge will
be charged to the customer's account for any check or ACH bank draft returned by
the bank. Any amounts due on an account which have been paid with a check or ACH
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bank draft that has been returned by the bank must be paid in full by cash, cashier's
check or money order, including all late charges and returned check charges, within
ten (10) days from the day the District mails notice to the customer or otherwise
notifies the customer that the check or ACH bank draft has been returned by the bank.
E. Same -Day Service. An additional charge of twenty-five dollars ($25.00) shall
be made when a customer requests same-day service. As an example, this charge
will be implemented upon request by a customer for same-day service to start or
terminate water and sewer service or to perform re -reads the same day as requested.
F. Accuracy Reading Fee. A meter accuracy reading fee in the amount of
twenty-five dollars ($25.00) shall be charged to a customer by the District for each
meter accuracy reading made by the District for such customer when the original
reading appears to be accurate. If the original meter reading appears to be in error,
no fee will be charged. Each customer will be allowed one accuracy meter reading
per calendar year at no charge. **Should a customer request that a meter be
removed, and bench tested by an outside source, then a fee of one -hundred -twenty-
five dollars ($125.00) will be charged to the customer. If the meter fails to meet
American Water Works Association standards for in-service meters, then the
customer will be given a credit offsetting the amount of the charge.
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G. Meter Data Logging Fee. Each customer will be allowed one data log at no -
cost per fiscal year. A fee of twenty-five dollars ($25.00) shall be charged to a
customer by the District for each meter data logging service performed thereafter.
Meter data logging service can only be provided during regular business hours.
Section 3.03. Entitlement. Water and sewer service shall be provided to customers in
accordance with all TCEQ rules covering minimum water and sewer standards.
Section 3.04. Unauthorized and Extraordinary Waste. The rates established herein
are applicable for Domestic Waste as defined herein. Customers proposing to generate other
types of waste will be assessed additional charges as established by the District.
Section 3.05. Damage to District Facilities.
A. Damage to Meter and Appurtenances. No person other than a duly
authorized agent of the District shall tamper with or in any way interfere with a meter,
meter box, service line or other water and/or sewer system appurtenance. The District
reserves the right, immediately and without notice, to remove the meter or disconnect
water service to any customer whose meter has been tampered with and to assess
repair charges to the customer, plus a damage fee not to exceed five -thousand
dollars ($5,000.00), plus any applicable charge for same day service. The District also
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reserves the right to file civil and/or criminal charges against any person or entity
tampering with the District's public water system and/or sewer system.
B. Repair. It is the responsibility of the customer to maintain and repair the
water service line from the point of connection to the District's water meter. The
District reserves the right to repair any damage to the District's System and
appurtenances without prior notice and to assess against any customer such
penalties as are provided by law and such penalties provided for in this Rate Order
in addition to those charges necessary to repair the portion of the System so
damaged.
C. Video. If at any time a resident/customer wishes to have the District video
their sewer line to help the resident determine the condition of their sewer line, the
fee will be one -hundred -fifty dollars ($150.00) payable to the District assessed on the
next month's bill.
Section 3.06. Easements. Before service is established to any customer, the person
requesting such service shall grant an easement of ingress and egress to and from the meter(s)
for such maintenance and repair as the District, in its judgment, may deem necessary.
Section 3.07. Required Service. No service will be provided by the District unless the
customer agrees to receive both water and sewer service, except that permanent irrigation only
meters may receive water service only. Irrigation meters cannot be connected to any building
plumbing.
Section 3.08. Additional Charges. In all cases where services are performed, and
equipment or supplies are furnished to a party or entity not within the District, the charge to said
party or entity shall be the District's cost of providing such services, equipment and/or supplies,
plus fifteen percent (15%). This shall not apply to services, equipment and/or supplies furnished
by the District under an existing Interlocal Agreement.
ARTICLE IV
INDUSTRIAL WASTE
Section 4.01. Industrial Waste Policy. The following policy regarding industrial waste
shall be effective:
A. Definition. "Industrial waste" shall mean the water -borne solids, liquids, and/or
gaseous wastes (including Cooling Water), resulting from any industrial,
manufacturing, trade, business, commercial, or food processing operation or process,
or from the development of any natural resource, or any mixture of such solids,
liquids, or wastes with water or domestic sewage. The Clean Water Act of 1977, as
amended, and the General Pretreatment Regulations contained in 40 C.F.R. 403
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contain the requirements for user's discharge of industrial waste into wastewater
facilities.
B. Industrial Waste Discharge, Charges, and Rates. If any customer of the
District's sanitary sewer system proposes to discharge industrial waste into such
system, the Board of Directors of the District shall request the recommendation of the
District Engineer and shall establish rates and charges to provide for an equitable
assessment of costs whereby such rates and charges for discharges of industrial
waste correspond to the cost of waste treatment, taking into account the volume and
strength of the industrial, domestic, commercial waste, and all other waste discharges
treated and techniques of the treatment required. Such rates shall be an equitable
system of cost recovery which is sufficient to produce revenues, in proportion to the
percentage of industrial wastes proportionately relative to the total waste load to be
treated by the District for the operation and maintenance of the treatment works, for
the amortization of the District's indebtedness for the cost as may be necessary to
assure adequate waste treatment on a continuing basis.
C. Pretreatment. The Board of Directors of the District shall rely upon the
recommendation of the District Engineer and shall require pretreatment of any
industrial waste that would otherwise be detrimental to the treatment works or to its
proper and efficient operation and maintenance or will otherwise prevent the entry of
such industrial waste into the treatment plant.
ARTICLE V
ENFORCEMENT/CIVIL PENALTIES
Section 5.01. Enforcement.
A. Civil Penalties. The Board hereby imposes the following civil penalties for
breach of any rule of the District: The violator shall pay the District twice the costs the
District has sustained due to the violation up to ten -thousand dollars ($10,000.00). A
penalty under this Section is in addition to any other penalty provided by the laws of
this State and may be enforced by complaints filed in the appropriate court of
jurisdiction in the county in which the District's principal office or meeting place is
located. If the District prevails in any suit to enforce its rules, it may, in the same
action, recover any reasonable fees for attorneys, expert witnesses, and other costs
incurred by the District before the court. The court shall fix the amount of the
attorneys' fees.
B. Liability for Costs. Any person violating any of the provisions of this Order
and/or the rules and regulations governing water and sanitary sewer facilities, service
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lines, and connections shall become liable to the District for any expense, loss or
damage occasioned by the District by reason of such violation, and enforcement
thereof shall be in accordance with Paragraph A of Section 5.01 of this Order.
Section 5.02. Non -waiver. The failure on the part of the District to enforce any section,
clause, sentence, or provision of this Order shall not constitute a waiver of the right of the District
later to enforce any section, clause, sentence, or provision of this Order.
Section 5.03. Appeal. Any determination by the District of any dispute regarding the
terms and provisions of this order may be appealed to the Board of Directors of the District, which
shall conduct a hearing on the matter. The District shall provide the customer with information
regarding appeals and hearing procedures upon the customer's request.
ARTICLE VI
MISCELLANEOUS
Section 6.01. Amendments. The Board of the District has and specifically reserves the
right to change, alter or amend any rate or provision of this Order at any time.
Section 6.02. Severabilitv. The provisions of this Order are severable, and if any
provision or part of this Order or the application thereof to any person or circumstance shall ever
be held by any court of competent jurisdiction to be invalid or unconstitutional for any reason, the
remainder of this Order and application of such provision or part of this Order shall not be affected
thereby.
ARTICLE VII
REPEAL OF PREVIOUS ORDERS
This Rate Order shall be known as the "2022-0921A Rate Order" (Order No. 2022-0921A ) of the
District. All previous Orders adopted by the Board of Directors pertaining to the subject matter
hereof are each hereby repealed in their entirety as of the effective date hereof.
ARTICLE VIII
EFFECTIVE DATE
This Order shall be effective on October 1, 2022.
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ARTICLE IX
PUBLIC MEETING
It is hereby found that the meeting at which this Order is adopted is open to the public as required
by law, and that public notice of the time, place, and subject matter of said meeting and of the
proposed adoption of this Order was given as required by law.
ADOPTED AND APPROVED this 21st day of September 2022.
Kevin R. Carr, President
Board of Directors
Doug Harper, Secretary/Treasurer
Board of Directors
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ORDER NO. 2022-0921B
ORDER OF TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
LEVYING DEBT SERVICE AND MAINTENANCE TAXES
FOR THE 2022 TAX YEAR
WHEREAS, Trophy Club Municipal Utility District No. 1 (the "District") is a
duly created and existing municipal utility district created and operating under Chapters 49
and 54 of the Texas Water Code, as amended.
WHEREAS, Section 54.601 of the Texas Water Code provides that at the time
bonds payable in whole or in part from taxes are issued, the board of a water district shall
levy a continuing direct annual ad valorem tax for each year while all or part of the bonds
are outstanding on all taxable property within the district in sufficient amounts to pay the
interest on the bonds as it becomes due and to create a sinking fund for the payment of the
principal of the bonds when due;
WHEREAS, Section 49.107 of the Texas Water Code provides that a district may
levy and collect a tax for maintenance and operation purposes.
WHEREAS, at an election properly conducted in accordance with all applicable
laws, the eligible residents of the District previously authorized the issuance of District tax
bonds, and the levy and collection of District debt service and maintenance taxes.
WHEREAS, the District has issued its unlimited tax bonds pursuant to the
foregoing authorization.
WHEREAS, the Board of Directors of the District approved a proposed ad valorem
tax rate for the 2021 tax year at a meeting conducted on August 17, 2022.
WHEREAS, in accordance with the requirements set forth at Section 49.236 of the
Texas Water Code and other applicable laws, the District has given proper notice and
conducted a public hearing regarding the adoption of ad valorem tax rates for the 2022 tax
year.
WHEREAS, after conducting the public hearing, the Board of Directors of the
District desires to proceed with the levy and collection of a debt service tax and a
maintenance tax for the 2022 tax year; and
WHEREAS, the District has complied with the applicable requirements of the
Texas Water Code and other statutes relating to the procedures for establishing ad valorem
taxes by municipal utility districts. Now, therefore,
BE IT ORDERED BY THE BOARD OF DIRECTORS OF TROPHY CLUB
MUNICIPAL UTILITY DISTRICT NO. 1 THAT:
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Section 1. The facts and recitations found in the preamble of this Order are
hereby found and declared to be true and correct and are incorporated by reference herein
and expressly made a part hereof, as if copied verbatim.
Section 2. There is hereby levied for the 2022 tax year the following ad
valorem taxes:
(i)
An ad valorem debt service tax rate of $0.03115 on each $100 of taxable
value on all taxable property within the District; and
(ii) An ad valorem maintenance tax rate of $0.06019 on each $100 of taxable
value on all taxable property within the District.
Section 3. The Board of Directors hereby finds and declares that the tax rates
adopted and levied by this Order do not exceed the maximum tax rates authorized by the
voters of the District.
Section 4. All taxes collected pursuant to this Order, after paying reasonable
costs of levying, assessing, and collecting same, shall be used for authorized purposes, as
may be specified by the Board of Directors in accordance with applicable laws.
ADOPTED, PASSED AND APPROVED this 21sT day of September 2022.
Kevin R. Carr
President, Board of Directors
ATTEST:
Doug Harper (SEAL)
Secretary, Board of Directors
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RESOLUTION NO. 2022-0921B
A RESOLUTION TO APPROVE THE 2022 TAX ROLL FOR
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
RESOLVED: Pursuant to Section 26.09(e) of the Texas Tax Code, the
Board of Directors of Trophy Club Municipal Utility District No. 1 hereby approves the
2022 certified appraisal rolls dated July 25th, 2022, from Denton County Central Appraisal
District and dated July 21, 2022, from Tarrant Appraisal District, in which the certified
appraised values were listed as $1,645,315,777 and $590,349.578 respectively, for a total
certified appraised value of $2,235,665355. The 2021 tax rate approved by the Board of
Directors of Trophy Club Municipal Utility District No. 1 is $0.09134 per $100 assessed
valuation. The amount of tax entered on the certified appraisal rolls and applied to all
taxable property within the District results in a $2,041,982 tax levy. The Board hereby
approves such appraisal rolls with amounts of tax entered and declares that such shall
constitute the District's tax roll for the 2022 tax year.
RESOLVED, ADOPTED AND APPROVED by the Board of Directors
of Trophy Club Municipal Utility District No. 1, Trophy Club, Texas, this 21st day of
September 2022.
Kevin R. Carr, President
Board of Directors
Doug Harper, Secretary/Treasurer
Board of Directors
Laurie Slaght, District Secretary
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CERTIFICATE OF RESOLUTION 2022-0921B
THE STATE OF TEXAS
COUNTIES OF DENTON AND TARRANT
I, the undersigned member of the Board of Directors of Trophy Club Municipal
Utility District No. 1 of Denton and Tarrant Counties, Texas (the "District"), hereby certify
as follows:
1. That I am the duly qualified Secretary of the Board of Directors of the District,
and that as such, I have custody of the minutes and records of the District.
2. That the Board of Directors of the District convened in Open Session at a
Regular Meeting on September 21, 2022, at the regular meeting place thereof, and the roll
was called of the duly constituted officers and members of the Board of Directors, to wit:
Kevin R. Carr President
Ben Brewster Vice President
Doug Harper Secretary/Treasurer
William C. Rose Director
Tracey Hunter Director
All members of the Board were present except , thus
constituting a quorum. Whereupon, among other business, the following was transacted at
such meeting:
RESOLUTION 2022-0921B APPROVING TROPHY
CLUB MUNICIPAL UTILITY DISTRICT NO. 1 TAX
ROLL FOR FISCAL YEAR 2022
and duly introduced for the consideration of the Board of Directors. It was then duly moved
and seconded that such Resolution be adopted and, after due discussion, such motion,
carrying with it the adoption of such Resolution prevailed and carried by the following
vote:
AYES:
NAYS: ABSTENTIONS:
3. That a true, full and correct copy of such Resolution adopted at such meeting is
attached to and follows this certificate; that such Resolution has been duly recorded in the
minutes of the Board of Directors for such meeting; that the persons named in the above
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and foregoing Paragraph 2 were the duly chosen, qualified and acting officers and members
of the Board of Directors as indicated therein, that each was duly and sufficiently notified
officially and personally, in advance, of the time, place and purpose of such meeting, and
that such Resolution would be introduced and considered for adoption at such meeting, and
that each consented, in advance, to the holding of such meeting for such purpose; that the
canvassing of the officers and members of the Board of Directors present at and absent
from such meeting and of the votes of each on such motion, as set forth in the above and
foregoing Paragraph 2, is true and correct; and that sufficient and timely notice of the hour,
date, place and subject of such meeting was given and posted as required by Chapter 551,
Texas Gov. Code.
RESOLVED, PASSED and APPROVED on this 21' day of September 2022.
Doug Harper, Secretary/Treasurer
Board of Directors
Laurie Slaght
District Secretary
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AMENDMENT TO DISTRICT INFORMATION FORM
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
STATE OF TEXAS
§
COUNTIES OF DENTON AND TARRANT §
We, the undersigned, constituting a majority of the members of the Board of Directors of Trophy
Club Municipal Utility District No. 1 (the "District"), of Denton and Tarrant Counties, Texas, do
hereby make and execute this Amendment to the District Information Form in compliance with
Section 49.455, Texas Water Code.
We do hereby certify as follows:
1. Tax Rate. The most recent rate of the District taxes on taxable property located in the
District is $0.09134 per $100 of assessed valuation.
2. Form of Notice to Purchaser. A Notice to Purchaser form required by Section 49.452
of the Texas Water Code to be furnished by a seller to a purchaser of real property in the District is
attached hereto as Exhibit "A".
WITNESS OUR HANDS THIS THE 21" DAY OF SEPTEMBER 2022.
(SEAL)
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Kevin R. Carr, President
Ben Brewster, Vice President
Doug Harper, Secretary/Treasurer
William C. Rose, Director
Tracey Hunter, Director
September 21, 2022 Meeting Agenda Packet
EXHIBIT "A"
(Notice to Purchaser)
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NOTICE TO PURCHASER
The real property, described below, that you are about to purchase is located in TROPHY
CLUB MUNICIPAL UTILITY DISTRICT NO. 1 (the "District"). The District has taxing
authority separate from any other taxing authority and may, subject to voter approval, issue an
unlimited amount of bonds and levy an unlimited rate of tax in payment of such bonds. As of this
date, the rate of taxes levied by the District on real property located in the District is $0.09134 on
each $100 of assessed valuation. The total amount of bonds, excluding refunding bonds and any
bonds or any portion of bonds issued that are payable solely from revenues received or expected to
be received under a contract with a governmental entity, approved by the voters and which have
been or may, at this date, be issued is $34,859,217, and the aggregate initial principal amounts of
all bonds issued for one or more of the specified facilities of the District and payable in whole or in
part from property taxes is $34,855,000.
The District is located in part within the corporate boundaries of the Town of Trophy Club
and the Town of Westlake. With respect to property located within the corporate boundaries of a
municipality, the taxpayers of the District are subject to the taxes imposed by the municipality and
by the District until the District is dissolved. By law, a district located wholly in two or more
municipalities and in unincorporated area may be abolished by agreement among the District and
all of the municipalities in which parts of the district are located, and without the consent of the
voters of the district.
The purpose of this District is to provide water and sanitary sewer facilities and services and
fire -fighting facilities and activities within the District through the issuance of bonds payable in
whole or in part from property taxes. The cost of these utility and fire -fighting facilities is not
included in the purchase price of your property, and these utility and fire -fighting facilities are
owned by the District.
The legal description of the property you are acquiring is as follows:
(Date)
Signature of Seller
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PURCHASER IS ADVISED THAT THE INFORMATION SHOWN ON THIS FORM IS
SUBJECT TO CHANGE BY THE DISTRICT AT ANY TIME. THE DISTRICT ROUTINELY
ESTABLISHES TAX RATES DURING THE MONTHS OF SEPTEMBER THROUGH
DECEMBER OF EACH YEAR, EFFECTIVE FOR THE YEAR IN WHICH THE TAX RATES
ARE APPROVED BY THE DISTRICT. PURCHASER IS ADVISED TO CONTACT THE
DISTRICT TO DETERMINE THE STATUS OF ANY CURRENT OR PROPOSED CHANGES
TO THE INFORMATION SHOWN ON THIS FORM.
The undersigned purchaser hereby acknowledges receipt of the foregoing notice at or prior
to execution of a binding contract for the purchase of the real property described in such notice or
at closing of purchase of the real property.
(Date)
Signature of Purchaser
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THE STATE OF TEXAS
COUNTY OF DENTON
This instrument was acknowledged before me on , 2021, by
and
(SEAL)
Notary Public, State of Texas
Return recorded document to:
Laurie Slaght, District Secretary
Trophy Club Municipal Utility District No. 1
100 Municipal Drive
Trophy Club, Texas 76262
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CERTIFICATE OF ORDER NO. 2022-0921C
ADOPTING AMENDED AND RESTATED INVESTMENT POLICY
THE STATE OF TEXAS
COUNTIES OF DENTON AND TARRANT
I, the undersigned District Secretary of Trophy Club Municipal Utility District No. 1 (the
"District"), hereby certify as follows:
1. The Board convened in regular session, open to the public, on the 21' day of September
2022, at the regular meeting place thereof, and the roll was called of the members of the Board,
to -wit:
Kevin R. Carr President
Ben Brewster Vice President
Doug Harper Secretary/Treasurer
William C. Rose Director
Tracey Hunter Director
All members of the Board were present except the following, , thus constituting
a quorum. Whereupon, among other business, the following was transacted at such meeting:
ORDER NO. 2022-0921C ADOPTING AMENDED
AND RESTATED INVESTMENT POLICY
was duly introduced for the consideration of the Board. It was then duly moved and seconded that
such Order be adopted; and, after due discussion, such motion, carrying with it the adoption of
said Order, prevailed and carried by the following vote:
AYES:
NAYS: ABSTENTIONS
2. A true, full, and correct copy of the aforesaid Order adopted at the meeting
described in the above and foregoing paragraph is attached to and follows this Certificate; such
Order has been duly recorded in said Board's minutes of such meeting; the above and foregoing
paragraph is a true, full, and correct excerpt from the Board's minutes of such meeting pertaining
to the adoption of such Order; the persons named in the above and foregoing paragraph are the
duly chosen, qualified, and acting officers and members of the Board as indicated therein; each of
the officers and members of the Board was duly and sufficiently notified officially and personally,
in advance of the time, place, and purpose of such meeting and that such Order would be
introduced and considered for adoption at such meeting and each of such officers and members
consented, in advance, to the holding of such meeting for such purpose; such meeting was open to
the public, as required by law, and public notice of the time, place and purpose of such meeting
was given as required by Chapter 551, Government Code and Section 49.063, Texas Water Code,
as amended.
SIGNED AND SEALED the 21' day of September 2022.
Laurie Slaght, District Secretary
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ORDER NO. 2022-0921C
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
ADOPTING INVESTMENT POLICY
THE STATE OF TEXAS
COUNTIES OF DENTON AND TARRANT
§
§
WHEREAS, V.T.C.A., Government Code, Chapter 2256, as amended (the "Public Funds
Investment Act"), requires the governing body of political subdivisions to adopt a written
investment policy concerning the investment of its funds and funds under its control;
WHEREAS, Section 49.157(a) of the Texas Water Code, as amended, provides that all
District deposits and investments shall be governed by Subchapter A, Chapter 2256, Government
Code (Public Funds Investment Act); and,
WHEREAS, Section 49.157(b) of the Texas Water Code, as amended, provides that an
authorized representative of the District may invest and reinvest the funds of the District and
provide for money to be withdrawn from the appropriate accounts of the District for the investment
on such terms as the board considers advisable.
WHEREAS, the Board of Directors (the "Board") of Trophy Club Municipal Utility
District No. 1 (the "District") has previously designated one or more investment officers and
adopted a policy relating to the investment of District funds in accordance with the Public Funds
Investment Act; and,
WHEREAS, the Public Funds Investment Act requires that the Board of Directors of the
District review the Investment Policy and its investment strategies not less than annually and make
any changes thereto as determined by the Board of Directors to be necessary and prudent, and to
adopt an order or resolution stating that it has reviewed the Investment Policy and investment
strategies and recording any changes made thereto.
NOW, THEREFORE, BE IT ORDERED BY THE BOARD OF DIRECTORS OF
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1, THAT:
Section 1. The matters and facts recited in the preamble to this Order are found to be true
and correct and the same are incorporated herein as a part of this Order.
Section 2. The Board has reviewed its Investment Policy and the investment strategies set
forth therein in accordance with the requirements of Section 2256.005(e) of the Public Funds
Investment Act. Based upon such review, the Board finds and declares that the Investment Policy
in the form attached hereto, including the written investment strategies set forth therein, is hereby
approved and adopted, and such Policy shall replace and supersede in its entirety the prior
Investment Policy of the District, together with any and all other resolutions or orders relating to
the investment of the District's funds. The Investment Policy has been revised to update the
District's authorized investment firms set forth in Exhibit "C".
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Section 3. The General Manager is authorized to do all things necessary and proper to
evidence the Board's adoption of this Order and to carry out the intent hereof. Upon execution, a
permanent copy of this Order shall be filed in the permanent records of the District.
ADOPTED, PASSED AND APPROVED by the Board of Directors of Trophy Club
Municipal Utility District No. 1 on this 21' day of September 2022.
Kevin R. Carr, President
Board of Directors
ATTEST:
Doug Harper, Secretary/Treasurer
Board of Directors
Laurie Slaght, District Secretary
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TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
INVESTMENT POLICY
SEPTEMBER 21, 2022
I.
STATUTORY AUTHORITY
1.01 Statutory Authority. This Policy has been adopted pursuant to, and in accordance
with the requirements of, Chapter 2256 of the Texas Government Code (the Public Funds
Investment Act) and Chapter 2257 of the Texas Government Code (the Public Funds Collateral
Act).
II.
POLICY
2.01 Policy. It is the policy of Trophy Club Municipal Utility District No. 1 ("District")
that after allowing for the anticipated cash flow requirements of the District and giving due
consideration to the safety and risk of investment, all available funds shall be invested in
conformance with these legal and administrative guidelines, seeking to optimize interest earnings
to the maximum extent possible.
2.02 Cash Management. Effective cash management is recognized as essential to good
fiscal management. Investment interest is a source of revenue to District funds. The District
investment portfolio shall be designed and managed in a manner designed to be responsive to
public trust, to be in compliance with legal requirements and limitations, and to maximize this
revenue source.
Investments shall be made with the primary objectives of:
* Safety and preservation of principal
* Maintenance of sufficient liquidity to meet operating needs
* Public trust from prudent investment activities
* Optimization of interest earnings on the portfolio
III.
PURPOSE
3.01 Purpose. The purpose of this investment policy is to comply with Chapter 2256 of
the Government Code ("Public Funds Investment Act"), which requires the District to adopt a
written investment policy regarding the investment of its funds and funds under its control. The
Investment Policy addresses the methods, procedures and practices that must be exercised to
ensure effective and judicious fiscal management of District funds.
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IV.
SCOPE
4.01 Scope. This Policy applies to the investment of all funds of Trophy Club Municipal
Utility District No. 1 (the "District") and funds under its control. The Board of the District shall
review this Investment Policy and the investment strategies set forth herein not less than annually
and shall make any changes thereto as determined by the Board of the District to be necessary and
prudent for the management of District funds. Not less than annually, the Board shall adopt a
written order or resolution stating that it has reviewed the Investment Policy and investment
strategies and setting forth any changes made thereto.
4.02 This Policy shall govern the investment of all financial assets of the District. These
funds are accounted for in the Basic Financial Statements and include:
* General Fund
* Capital Projects Funds
* Debt Service Funds, including reserves and sinking funds, to the extent not required
by law or existing contract to be kept segregated and managed separately
* Any new fund created by the District, unless specifically exempted from this Policy
by the District Board of Directors or by law.
4.03 The District consolidates fund cash balances to maximize investment earnings.
Investment income will be allocated to the various funds based on their respective participation
and in accordance with generally accepted accounting principles.
4.04 This Policy shall apply to all transactions involving the financial assets and related
activity for all the foregoing funds. However, this policy does not apply to the assets administered
for the benefit of the District by outside agencies under deferred compensation programs.
V.
OBJECTIVES
5.01 Investment Obiectives. Investment of funds shall be governed by the following
investment objectives, in order of priority:
i. Preservation and safety of principal - The foremost objective of the District's Investment
Policy is to assure safety of the invested funds. Investments shall be undertaken in a
manner that seeks to ensure the preservation of capital while minimizing credit rate and
interest rate risk. Investment for speculation is prohibited.
ii. Liquidity - Funds will be invested with maturities necessary to maintain sufficient liquidity
to provide adequate and timely working funds.
iii. Yield - Return on investment is of least importance compared to the safety and liquidity
objectives described above.
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VI.
INVESTMENT PARAMETERS
6.01. Investment Strategies. The District's overall investment strategy shall be to
purchase high credit quality investments that preserve the safety of capital, maximize liquidity,
promote diversification, and provide reasonable market yield (in that order of priority), based on
the District's anticipated cash flows and the maintenance of a liquidity buffer for unanticipated
liabilities. Investments are to be chosen in a manner which promotes diversity by market sector,
credit and maturity. The choice of high credit quality investments and high-grade money market
instruments are designed to assure the marketability of those investments should liquidity needs
arise. Detailed strategies by fund type are set forth in Exhibit "A" of this Policy. The Board of
the District shall review annually the investment strategies and shall make any changes thereto as
determined by the Board to be necessary and prudent for the management of the District's funds.
6.02 Maximum Maturities. The District will match its investments with anticipated
cash flow requirements. To match anticipated cash flow requirements, the maximum weighted
average maturity of the overall portfolio shall not exceed 365 days and a benchmark of the six-
month and one-year Treasury Bills shall be used to measure risk in the portfolio. Unless matched
to a specific cash flow requirement, the District will not directly invest in securities maturing more
than 24 months from the date of purchase.
6.03 Diversification. The District will diversify its portfolio to reduce risk. The
following table sets forth the minimum diversification standards by security type:
Type of Investment Maximum Percentage of District Portfolio
US Agencies/Instrumentalities 50%
Certificates of Deposit/Share Certificates 90%
Local Government Investment Pools 90%
Money Market Accounts 90%
6.04. Competitive Bidding Requirement. All securities, including certificates of
deposit, will be purchased, or sold after three (3) offers/bids are taken to verify that the District is
receiving fair market value/price for the investment. Bids for certificates of deposit may be
solicited orally, in writing, electronically, or any combination of these methods.
6.05. Delivery versus Payment. All security transactions entered into by the District
shall be conducted on a delivery versus payment (DVP) basis. Securities will be held by a third
party custodian designated by the Investment Officer and evidenced by safekeeping receipts.
6.06 Rating Declines or Loss of Rating. The Investment Officer shall monitor the
credit rating on all authorized investments in the District's portfolio based on independent
information from a nationally recognized rating agency. Ratings monitoring will be performed on
a monthly basis for all authorized investments except mutual funds and commercial paper. Ratings
monitoring will be performed on a weekly basis for mutual funds and commercial paper. If any
security falls below the minimum rating required by this Policy (i.e. Public Funds Investment Act),
the Investment Officer shall immediately solicit bids for and sell the security if possible, regardless
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of a loss of principal.
6.07 Electronic Wire Transfers. The Investment Officer may use electronic means to
transfer or invest funds collected or controlled by the District. Electronic transfers shall only be
made with prior written approval by the General Manager.
VII.
DELEGATION OF INVESTMENT AUTHORITY
7.01 Appointment of Investment Officer. The person serving as General Manager is
hereby appointed the Investment Officer of the District. The Investment Officer shall be
responsible for the investment of District funds in accordance with this Investment Policy. If the
Board has contracted with another investing entity to invest the District's funds, as authorized by
the Public Funds Investment Act, the Investment Officer of the other investing entity is considered
to be the Investment Officer of the District for such purposes. The authority hereby granted to the
Investment Officer to invest the District's funds is effective until rescinded by the Board, until the
expiration of the officer's term or the termination of the person's employment with the District, or
if an investment management firm, until the expiration of the contract with the District.
7.02 Investment Training. The Board appointed Treasurer, General Manager/
Investment Officer, and Finance Manager, shall attend at least one investment training session
from an independent source and containing at least six (6) hours of instruction relating to
investment responsibilities within 12 (twelve) months after taking office or assuming duties. The
Treasurer, General Manager/Investment Officer, and Finance Manager shall also attend an
investment training session within each two-year period that begins on the first day of the District's
fiscal year and consists of the two consecutive fiscal years after that date after the first year and
receive not less than four (4) hours of instruction relating to investment responsibilities from an
independent source. Training must include education on investment controls, security risks,
strategy risks, market risks, diversification of investment portfolio and compliance with the Public
Funds Investment Act. Certificates and/or other documentation of completed training hours shall
be maintained with this Policy as Exhibit "E".
7.03 Internal Controls. The Investment Officer is responsible for establishing and
maintaining an internal control structure designed to ensure that the assets of the District are
protected from loss, theft, or misuse. The internal control structure shall be designed to provide
reasonable assurance that these objectives are met. The concept of reasonable assurance
recognizes that: (1) the cost of a control should not exceed the benefits likely to be derived; and
(2) the valuation of costs and benefits requires estimates and judgments by management.
Accordingly, the Investment Officer shall establish a process for annual independent review by an
external auditor to assure compliance with policies and procedures. The internal controls shall
address the following points.
• Control of collusion.
• Separation of transactions authority from accounting and record keeping.
• Custodial safekeeping.
• Written confirmation for telephone (voice) transactions for investments and wire
transfers.
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• Development of a wire transfer agreement with the depository bank or third party
custodian.
7.04 Prudence. The standard of care to be used by the Investment Officer shall be
prudent person standard and shall be applied in the context of managing the overall portfolio.
These standard states that the person designated as the Investment Officer shall exercise the
judgment and care, under prevailing circumstances, that a prudent person would exercise in the
management of the person's own affairs. In determining whether the Investment Officer has
exercised prudence with respect to an investment decision, the determination shall take into
consideration (i) the investment of all funds over which the Investment Officer has responsibility
rather than consideration as to the prudence of a single investment, and (ii) whether the investment
decision was consistent with this Investment Policy.
7.05 Ethics. Officers and employees involved in the investment of District funds shall
refrain from personal activity that could conflict with the proper execution and management of the
District's investment program. Employees and investment officials shall disclose, in writing, any
material interests, including personal business relationships, with any financial institution with
which it is proposed that the District conduct business. For purposes of District investments,
employees or investment officials have a personal business relationship with a business
organization if:
i. the individual owns 10 (ten) percent or more of the voting stock or shares of the business
organization or owns $5,000 or more of the fair market value of the business organization;
or
ii. funds received by the individual from the business organization exceed 10 percent of the
individual's gross income for the previous year; or
iii. the individual has acquired from the business organization during the previous year
investments with a book value of $2,500 or more for the personal account of the individual.
7.06 Limitation of Personal Liability. Authorized representatives of the District who
invest the District's funds in accordance with this Policy shall have no personal liability for any
individual security's credit risk or market price changes provided deviations from expectations are
reported in a timely manner and appropriate action is taken to control adverse developments.
VIII.
INVESTMENT REPORTS
8.01 Internal Manazement Reports. The Investment Officer shall prepare and submit
not less than quarterly to the Board of Directors of the District written reports of investment
transactions for all funds of the District for the preceding reporting period. The quarterly reports
shall comply with the requirements of Section 2256.023 of the Public Funds Investment Act.
Specifically, the quarterly report shall:
i. Describe in detail the investment position of the District.
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ii. Be prepared jointly by all Investment Officers.
iii. Be signed by each Investment Officer.
iv. Contain a summary statement of each pooled fund group that states the:
(A) beginning market value for the reporting period; and
(B) ending market value for the period; and
(C) fully accrued interest for the reporting period; and
(D) state the book value and market value of each separately invested asset at
the end of the reporting period by the type of asset and fund type invested; and
(E) state the maturity date of each separately invested asset that has a maturity
date; and
(F) state the account or fund or pooled group fund in the state agency or local
government for which each individual investment was acquired; and
(G) state the compliance of the investment portfolio of the District as it relates
to: (i) the investment strategy expressed in this Policy; and (ii) relevant provisions of the
Public Funds Investment Act.
IX.
COLLATERAL, SAFEKEEPING, AND CUSTODY REQUIREMENTS
9.01 Collateral Policy. Consistent with the requirements of the Public Funds Collateral
Act, it is the policy of the District to require full collateralization of all District funds on deposit
with a depository bank and for repurchase agreements. In order to anticipate market changes and
provide a level of security for all funds, the collateralization level will be 102% of market value of
principal and accrued interest on the deposits or investments, less an amount insured by the FDIC.
At its discretion, the District may require a higher level of collateralization for certain investment
securities. Securities pledged as collateral shall be held by an independent third party with which
the District has a current custodial agreement. The General Manager is responsible for entering
into collateralization agreements with third party custodians in compliance with this Policy. The
agreements are to specify the acceptable investment securities for collateral, including provisions
relating to possession of the collateral, the substitution or release of investment securities,
ownership of securities, and the method of valuation of securities. A clearly marked evidence of
ownership (safekeeping receipt) must be supplied to the District and retained. Collateral shall be
reviewed at least monthly to assure that the market value of the pledged securities is adequate.
9.02 Authorized Collateral for Time and Demand Deposits. The District shall accept
only the following securities as collateral for time and demand deposits:
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i. FDIC insurance coverage.
ii. Obligations of the United States, its agencies or instrumentalities, or other evidence of
indebtedness of the United States guaranteed as to principal and interest.
iii. Obligations of Texas or other states or of a county, city or other political subdivision of a
state having been rated as not less than "A" or its equivalent by two nationally recognized
rating agencies.
iv. A letter of credit issued by a federal home loan bank.
9.03 Authorized Collateral for Repurchase Agreements. The District shall accept as
collateral for repurchase agreements only obligations of the United States, its agencies, or
instrumentalities.
X.
AUTHORIZED INVESTMENTS
10.01 Authorized Investments. The following are authorized investments for the
District's funds, as further described and restricted by the Public Funds Investment Act:
i. Obligations of, or guaranteed by, the United States. Obligations of the United States, its
agencies, and instrumentalities, excluding mortgage backed securities, and that are
authorized investments under Section 2256.009 of the Public Funds Investment Act.
ii. State Obligations. Obligations of the State of Texas or any state of the United States or
their respective agencies and instrumentalities, agencies, counties, cities, and other political
subdivisions rated as to investment quality by a nationally recognized investment rating
firm not less than A or its equivalent, and that are authorized investments under Section
2256.009 of the Public Funds Investment Act.
iii. Other Governmental Obligations. Obligations, the principal, and interest of which are
unconditionally guaranteed or insured by, or backed by the full faith and credit of, the State
of Texas or the United States or their respective agencies and instrumentalities, including
obligations that are fully guaranteed or insured by the Federal Deposit Insurance
Corporation or by the explicit full faith and credit of the United States.
iv. Certificates of Deposit/Share Certificates.
(a) Fully insured or collateralized certificates of deposit or share certificates that
are approved investments under Section 2256.010 of the Public Funds
Investment Act: (i) from a depository institution that has its main office or a
branch office in the State of Texas; and (ii) that are guaranteed or insured by
the Federal Deposit Insurance Corporation or its successor, or by the National
Credit Union Share Insurance Fund or its successor, as applicable. Authorized
certificates of deposit shall include such certificates purchased through the
CDARS program with a Texas bank.
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(b) Fully insured certificates of deposit purchased from a broker or a bank that has
its main office or a branch office in the State of Texas and is selected from the
list of qualified brokers attached to this Investment Policy. All investments in
such brokered certificates of deposit shall be made on a delivery versus payment
basis to the District's safekeeping agent, and the Investment Officer shall verify
that the bank is fully insured by the Federal Deposit Insurance Corporation prior
to purchase. In the event any bank from which the District has purchased a
brokered certificate of deposit merges with, or is acquired by, another bank in
which brokered certificates of deposit are owned by the District, the Investment
Officer shall immediately contact the banks and liquidate any brokered
certificate that exceeds FDIC insurance levels.
v. Repurchase Agreements. Fully collateralized repurchase agreements with a defined
termination date executed with a primary dealer as defined by the Federal Reserve or a
financial institution doing business in this state, and that are authorized investments under
Section 2256.011 of the Public Funds Investment Act.
vi. Mutual Funds. Money Market Mutual funds that: 1) are registered and regulated by the
Securities and Exchange Commission, 2) have a dollar weighted average stated maturity
of 90 days or less, 3) seek to maintain a net asset value of $1.00 per share, and 4) are rated
AAA by at least one nationally recognized rating service.
vii. Investment Pools. AAA -rated, constant -dollar local government investment pools that
meet the requirements set forth in the Public Funds Investment Act for the investment of
public funds, including Sections 2256.016, .017, .018, and .019, and provided further that
such investments must be approved by the Board of Directors of the District by separate
resolution.
viii. Interest bearing accounts of any FDIC bank in Texas.
XI.
AUTHORIZED FINANCIAL DEALERS AND INSTITUTIONS
11.01 Authorized Financial Dealers and Institutions. The Board may contract with an
investment management firm registered under the Investment Advisers Act of 1940 (15 U.S.C.
Section 80b-1 et seq.) or with the State Securities Board to provide for the investment and
management of public funds; provided, that a contract may not be for a term longer than two years,
and any renewal or extension thereof must be made by the Board by order or resolution.
XII.
MISCELLANEOUS
12.01 Policy to be presented to Investment Officer. The Investment Officer shall be
presented a copy of this Investment Policy and shall execute a written instrument substantially in
the form attached hereto as Exhibit "B" to the effect that the Investment Officer has:
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i. received and thoroughly reviewed a copy of this Investment Policy; and
ii. implemented procedures and controls to comply with the Investment Policy.
12.02 Policy to be presented to Investment Firms. A written copy of the Investment
Policy shall be presented to any business organization offering to engage in an investment
transaction with the District. For purposes of this Policy, a "business organization" is an
investment pool or investment management firm under contract with the District to invest or
manage the District's investment portfolio that has accepted authority granted by the District under
the contract to exercise investment discretion in regard to the District's funds. The qualified
representative of the business organization offering to engage in an investment transaction with
the District shall execute a written instrument in a form acceptable to the District and the business
organization substantially to the effect that the business organization has:
i. Received and reviewed the Investment Policy of the District; and
ii. Acknowledged that the business organization has implemented procedures and controls in
an effort to preclude investment transactions conducted between the District and the
organization that are not authorized by the District's Investment Policy, except to the extent
that this authorization is dependent on an analysis of the makeup of the District's entire
portfolio or requires an interpretation of subjective investment standards. The Investment
Officer may not acquire or otherwise obtain any authorized investment described in the
Investment Policy from a person who has not delivered to the District the written
instrument set forth in Exhibit "B" hereof.
The District shall maintain a copy of each of the executed written statements described in
Sections 12.01 and 12.02 for the auditor and include them as Exhibit "D" of this policy.
At any time that the District amends this Investment Policy, the Investment Officer shall
present the amended Investment Policy to all persons and/or business organizations at which funds
of the District are invested and shall obtain a new written instrument as described in Section
10.01(B) hereof.
12.03 Annual Financial Audit. The District, in conjunction with its annual financial
audit, shall perform a compliance audit of management controls on investments and adherence to
the District's established investment policies.
12.04 Selection of Authorized Brokers. The District shall annually review, revise and
adopt a list of qualified brokers that are authorized to engage in investment transactions with the
District. Approved Investment Brokers are those listed in Exhibit C of this Policy.
12.05 Repeal of Prior Orders. Any and all prior orders or resolutions relating to the
investment of District funds are hereby repealed and this Policy shall supersede any such prior
orders or resolutions as of the date of its adoption by the Board of Directors.
12.06 Effective Date. This Policy shall be effective as of September 21, 2022.
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EXHIBIT "A"
INVESTMENT STRATEGY
Operatint Funds
Suitability - All investments authorized in the Investment Policy are suitable for Operating
Funds.
Preservation and Safety of Principal - All investments shall be high quality securities with no
perceived default risk.
Liquidity - Investment strategies for the pooled operating funds have as their primary objective
to assure that anticipated cash flows are matched with adequate investment liquidity. The
dollar -weighted average maturity of operating funds, based on the stated final maturity date of
each security, will be calculated, and limited to one year or less. Constant $1 net asset value
investment pools and money market mutual funds shall be an integral component in
maintaining daily liquidity. Investments for these funds shall not exceed an 18 -month period
from date of purchase.
Marketability - Securities with active and efficient secondary markets will be purchased in the
event of an unanticipated cash requirement.
Diversification - Maturities shall be staggered throughout the budget cycle to provide cash
flows based on anticipated needs. Investment risks will be reduced through diversification
among authorized investments.
Yield - The District's objective is to attain a competitive market yield for comparable securities
and portfolio constraints. The benchmark for Operating Funds shall be the 91 day Treasury
bill.
Reserve and Deposit Funds
Suitability - All investments authorized in the Investment Policy are suitable for Reserve and
Deposit Funds.
Preservation and Safety of Principal - All investments shall be high quality securities with no
perceived default risk.
Liquidity - Investment strategies for reserve and deposit funds shall have as the primary
objective the ability to generate a dependable revenue stream to the appropriate reserve fund
from investments with a low degree of volatility. Except as may be required by the bond
ordinance specific to an individual issue, investments should be of high quality, with short -to -
intermediate -term maturities. The dollar -weighted average maturity of reserve and deposit
funds, based on the stated final maturity date of each security, will be calculated, and limited
to two years or less.
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Marketability - Securities with active and efficient secondary markets will be purchased in the
event of an unanticipated cash requirement.
Diversification - Maturities shall be staggered throughout the budget cycle to provide cash
flows based on anticipated needs. Investment risks will be reduced through diversification
among authorized investments.
Yield - The District's objective is to attain a competitive market yield for comparable securities
and portfolio constraints. The benchmark for Reserve and Deposit Funds shall be the ninety-
one (91) day Treasury bill.
Bond and Certificate Capital Project Funds and Special Purpose Funds
Suitability - All investments authorized in the Investment Policy are suitable for Bond and
Certificate Capital Project Funds and Special Purpose Funds.
Preservation and Safety of Principal - All investments shall be high quality securities with no
perceived default risk.
Liquidity - Investment strategies for bond and certificate capital project funds, special projects
and special purpose funds' portfolios will have as their primary objective to assure that
anticipated cash flows are matched with adequate investment liquidity. The stated final
maturity dates of investments held should not exceed the estimated project completion date or
a maturity of no greater than three years. The dollar -weighted average maturity of bond and
certificate capital project funds and special purpose funds, based on the stated final maturity
date of each security, will be calculated and limited to two years or less.
Marketability - Securities with active and efficient secondary markets will be purchased in the
event of an unanticipated cash requirement.
Diversification - Maturities shall be staggered throughout the budget cycle to provide cash
flows based on anticipated needs. Investment risks will be reduced through diversification
among authorized investments.
Yield - The District's objective is to attain a competitive market yield for comparable securities
and portfolio constraints. The benchmark for Bond and Certificate Capital Project Funds and
Special Purpose Funds shall be the ninety-one (91) day Treasury bill. A secondary objective
of these funds is to achieve a yield equal to or greater than the arbitrage yield of the applicable
bond or certificate.
Debt Service Funds
Suitability - All investments authorized in the Investment Policy are suitable for Debt Service
Funds.
Preservation and Safety of Principal - All investments shall be high quality securities with no
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perceived default risk.
Liquidity - Investment strategies for debt service funds shall have as the primary objective the
assurance of investment liquidity adequate to cover the debt service obligation on the required
payment date. Securities purchased shall not have a stated final maturity date which exceeds
the debt service payment date. The dollar -weighted average maturity of debt service funds,
based on the stated final maturity date of each security, will be calculated, and limited to one
year or less.
Marketability - Securities with active and efficient secondary markets will be purchased in the
event of an unanticipated cash requirement.
Diversification - Maturities shall be staggered throughout the budget cycle to provide cash
flows based on anticipated needs. Investment risks will be reduced through diversification
among authorized investments.
Yield - The District's objective is to attain a competitive market yield for comparable securities
and portfolio constraints. The benchmark for Debt Service Funds shall be the ninety-one (91)
day Treasury bill.
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EXHIBIT "B"
INVESTMENT OFFICER AND INVESTMENT FIRM CERTIFICATION
OF RECEIPT AND REVIEW OF INVESTMENT POLICY
THE STATE OF TEXAS
COUNTY OF DENTON
I,
of
do hereby certify that I have been presented a copy of the Amended and Restated Investment
Policy for Trophy Club Municipal Utility District No. 1 dated . I have thoroughly
reviewed the Investment Policy and acknowledge that has implemented
procedures and controls to comply with the Investment Policy.
WITNESS MY HAND THIS day of , 2022.
Name:
Title:
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1 Name of Bank
1 Prosperity Bank
1 First Financial
1 TexPool
September 21, 2022 Meeting Agenda Packet
EXHIBIT "C"
APPROVED INVESTMENT FIRMS
Phone Number
817-378-2210
817-329-8615
866-839-7665
Address
217 North Main
95 Trophy Club Dr
1001 Texas Avenue Suite 1400
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Town State
Keller TX
Trophy Club TX
Houston TX
Zip
76248
76262
77002
September 21, 2022 Meeting Agenda Packet
EXHIBIT "D"
EXECUTED CERTIFICATIONS OF RECEIPT
AND REVIEW OF INVESTMENT POLICY
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EXHIBIT "E"
TRAINING CERTIFICATES FOR INVESTMENT OFFICER
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JepLCII IUCI G I, GULL IVIee LII iy /- er IUCI I-CIUMeL
University of North Texas Center for Public Management
and
Government Treasurers' Qrganization of Texas
Co Sponsored by University of North Texas
Certificate of Attendance
presented to
Steven Krofczyk
For completion of training on the Texas Public Funds Investment Act and related investment issues
January 26, 2021 5 hours
January 27, 2021 0 hours
Patrick Shinkle
Center for Public Management
TSBPA CPE Sponsor 007716
1 !IC ,-,f 1 07
JCpLCI I IUCI G I, GULL IVICCLII Iy r1y i IUCI rCIUNCL
University of North Texas Center for Public Management
and
Government Treasurers' Qrganization of Texas
Co -Sponsored by El Paso County
Certificate of Attendance
presented to
4Can yourmentin
For completion of training on the Texas Public Funds Investment Act and related investment issues
June 21, 2022 4 hours
Patrick Shinkle
Center for Public Management
TSBPA CPE Sponsor 007716
1117 ..f .1')7
September 21, 2022 Meeting Agenda Packet
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
RESOLUTION NO. 2022-0921C
ADOPTING CASH RESERVE POLICY
THE STATE OF TEXAS
COUNTIES OF DENTON AND TARRANT
§
§
WHEREAS, Trophy Club Municipal Utility District No. 1 (the "District") is duly created
and existing municipal utility district created and operating under Chapters 49 and 54 of the Texas
Water Code, as amended;
WHEREAS, the Governmental Accounting Standards Board ("GASB") released
Statement No. 54 "Fund Balance Reporting and Governmental Fund Type Definitions" on March
11, 2009. The objective of GASB Statement No. 54 is to enhance the usefulness of fund balance
information by providing clearer fund balance classifications and by clarifying governmental fund
type definitions;
WHEREAS, the Board of Directors of the District desires to implement GASB Statement
No. 54, and in connection therewith, desires to adopt certain policies for the establishment, funding
and management of the District's reserve funds including specifying the target balances for each
reserve fund; and
WHEREAS, the objective of the Policy is to enhance the District's financial position,
provide clear policies regarding the funding of reserve funds, and to establish and maintain
adequate reserve funds to secure the District's financial position.
NOW, THEREFORE, BE IT ORDERED BY THE BOARD OF DIRECTORS OF
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1, THAT:
Section 1. The matters and facts recited in the preamble to this Order are found to be true
and correct and the same are incorporated herein as a part of this Order.
Section 2. The Board has reviewed the Reserve Policy and finds and declares that the
Reserve Policy in the form attached hereto is hereby approved and adopted, and such Policy shall
replace and supersede in its entirety the Policy adopted pursuant to Resolution No. 2021-0920C
and any prior Cash Reserve Policy of the District.
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Section 3. The General Manager is authorized to do all things necessary and proper to
evidence the Board's adoption of this Order and to carry out the intent hereof. Upon execution, a
permanent copy of this Order shall be filed in the permanent records of the District.
Section 4. That the Finance Manager is hereby authorized to perform the functions required
by the attached Reserve Policy.
ADOPTED, PASSED AND APPROVED this 21st day of September 2022.
ATTEST:
Doug Harper, Secretary
Board of Directors
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Kevin R. Carr, President
Board of Directors
September 21, 2022 Meeting Agenda Packet
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
RESERVE POLICY
ARTICLE I
BACKGROUND
Section 1.01. Background.
One of the key attributes of a financially stable organization is the establishment and maintenance
of appropriate financial reserves. Adequate reserves position an organization to weather
significant economic downturns more effectively, manage the consequences of outside agency
actions that may result in increased costs, and address unexpected emergencies, such as natural
disasters, catastrophic events caused by human activity, or excessive liabilities or legal judgments
against the organization. In concert with Trophy Club Municipal Utility District No. 1's (the
"District") other financial policies, this Reserve Policy establishes fund balance policies to
enhance the District's financial stability.
ARTICLE II
POLICY STATEMENTS
Section 2.01. General.
Reserve funds will be accumulated and maintained in a manner that allows the funding of costs
and capital investments consistent with the District's capital and financial plans while avoiding
significant rate fluctuations due to changes in cash flow requirements. The classification of reserve
fund balances shall be in conformance with Government Accounting Standards Board (GASB)
Statement No. 54, Fund Balance Reporting and Governmental Fund Definitions.
Section 2.02. Definitions.
In accordance with GASB 54, the Board of Directors adopts the following classifications of fund
balance depicting the relative strength of the spending constraints placed on the purposes for which
resources can be used:
A. Non -spendable fund balance—Amounts either not in spendable form, or legally or
contractually required to be maintained intact. This would include inventory,
prepaids, and non-current receivables.
B. Restricted fund balance— Amounts constrained either externally by creditors (such
as through debt covenants), grantors, contributors, or laws or regulations of other
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governments; or imposed by law through constitutional provisions or enabling
legislation. This would generally include amounts in bonded capital projects funds,
debt service funds, and program funds funded with federal program dollars.
C. Committed fund balance—Amounts that are committed for specific purposes by
formal action of the Board of Directors. Amounts classified as "committed" are not
subject to legal enforceability like restricted fund balance; however, those amounts
cannot be used for any other purpose unless the Board removes or changes the
limitation by taking the same form of action it employed to previously impose the
limitation.
D. Assigned fund balance—Amounts intended to be used by the District for a specific
purpose. Intent can be expressed by the Board of Directors or by an official or body
to which the Board of Directors delegates the authority. The Finance Manager is
authorized by the Board of Directors to assign fund balance to a specific purpose as
approved by this fund balance policy. Assigned fund balance includes:
1. For the General Fund, the amounts assigned by the Finance Director intended to
be used for specific purposes. The amounts reported as assigned should not result
in a deficit in unassigned fund balance.
2. For all governmental funds other than the General Fund; these are all remaining
positive amounts (except for negative balances) that are not classified as non -
spendable and are neither restricted nor committed. However, if there is a
negative balance after classifying amounts as non -spendable, restricted, or
committed, the fund would report a negative amount as Unassigned and zero to
be reported as Assigned.
E. Unassigned fund balance - Amounts remaining after applying the above definitions.
Amounts are available for any purpose; these amounts are reported only in the general
fund. Planned spending in the subsequent year's budget would be included here unless
formally committed or assigned.
Section 2.03. Reserve Targets.
The Reserve Policy is based on either percentage targets or days of operation; all associated dollar
figures represent estimated/projected targets based on either the percentage target or days of
operation target set by the Reserve Policy. Reserve Targets shall be adopted as part of the annual
budget.
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Section 2.04. Monitoring and Reporting Use of Reserve Funds
The General Manager shall perform a review and analysis of each designated reserve fund for
presentation to the Board of Directors at a public meeting during consideration of the annual
budget by the Board of Directors. Upon determination that a fund balance is less than the
established target fund level, the General Manager shall inform the Board of Directors. Any
requests to the Board of Directors for the use of reserves will be accompanied by a current status
report of the affected reserve fund and impacts on the future reserve levels.
Section 2.05. Reserve Expenditures
Unless specified otherwise in the Reserve Policy, expenditures from any reserve requires District
Board action to appropriate the funds. The General Manager may recommend reserve expenditures
through the budget process or at District Board meetings for the Board of Directors consideration
and approval.
Section 2.06. Replenishment of Reserves
Should a reserve fall below the targeted reserve level set forth in this Reserve Policy, the General
Manager will develop a plan to replenish the reserve in a reasonable time -frame. The proposed
plan will be presented to the Board of Directors as part of the subsequent fiscal year budget.
Section 2.07. Deviations from the Reserve Policy
No deviations from the Reserve Policy will be allowed except as approved by the Board of
Directors. Proposed exceptions to the Reserve Policy will be reviewed by the General Manager
and District Finance Manager. After their timely review and recommendation, the proposed
exception will be presented to the Board of Directors for action.
Section 2.08. Reserve Policy Review and Update
The District's General manager will present this Reserve Policy to the Board of Directors at least
biennially to determine if changes are necessary to ensure the Policy is effective and remains
current with general accounting and financial best practice standards, and to address any regulatory
changes that may become applicable after adoption of this Policy. Any changes, additions, or
deletions to this Reserve Policy will be by formal action of the Board of Directors.
Section 2.09. Fund Balance Spending Order
Unless legally prohibited, the District will spend the most restricted funds before less restricted
funds in the following order:
1. Non -spendable if the funds become spendable
2. Restricted
3. Committed
4. Assigned
5. Unassigned
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ARTICLE III
RESERVE FUNDS
Section 3.01. Reserve Funds
The Board of Directors hereby establishes and designates the following reserve funds: Operating
Reserves; Rehabilitation and Replacement Reserves; Equipment Replacement Reserves;
Emergency Reserves; Debt Service Reserves; and Rate Stabilization Reserves.
Section 3.02. Operating Reserves
A. The purpose of Operating Reserves is to accumulate sufficient reserve funds
necessary to satisfy the general cash flow demands and requirements of the District.
There can be a significant length of time between when a system provides a service
and when a customer may pay for that service. In addition to timing, the volume of
cash flow can be affected by weather and seasonal demand patterns. This reserve
fund will preserve credit worthiness, ensure adequate financial resources are
available for timely payment of District obligations, and provide liquidity throughout
the fiscal year. This funds GASB 54 classification is assigned fund balance.
B. The District should maintain Operating Reserves equivalent to at least 45 days
budgeted operating requirements to mitigate potential cash flow problems. Operating
Reserves will not normally exceed the equivalent of 90 days budgeted operating
requirements.
C. The General Manager is authorized to approve the expenditure of Operating Reserves
in response to day-to-day cash flow requirements that are in accordance with the
Board of Directors approved policy and budget authorizations.
Section 3.03. Capital Reserves
A. Rehabilitation and Replacement Reserves
1. The purpose of Rehabilitation and Replacement Reserves is to fund unplanned or
accelerated infrastructure rehabilitation or replacement needs when assets wear
out before their expected useful life ends or when a utility desires to accrue for
its future rehabilitation and replacement needs on a pay-as-you-go basis. These
reserves may also be used as a source of funds for cash funding for the utility's
Capital Improvement Program (CIP), or to set aside funds for intermediate to
long-term future replacement of major assets not included in the CIP.
Rehabilitation and Replacement Reserves may be used to provide a cushion to
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absorb capital cost overruns that might otherwise require debt issuance and/or
rate increases. This funds GASB 54 classification is assigned fund balance.
2. Each adopted budget of the District should contain a transfer from the general
fund to the Rehabilitation and Replacement Reserves in an amount approved by
the Board of Directors. The desired minimum balance for this reserve is 1.5
percent of the cost of the District's system assets.
3. The General Manager is authorized to approve the expenditure of Rehabilitation
and Replacement Reserves, without prior approval of the Board of Directors, in
accordance with approved policy and budget authorizations.
B. Equipment Replacement Reserves
1. The purpose of Equipment Replacement Reserves is to accumulate the probable
replacement cost of equipment each year over the life of the asset, so it can be
replaced readily when it becomes obsolete, is totally depreciated or is scheduled
for replacement. Assets defined as equipment include vehicles, pumps, computer
equipment, office equipment, mechanical equipment, laboratory equipment, and
other similar equipment with an expected life typically in the range of as few as
three to as many as twenty years. Annual depreciation is calculated as a function
of the depreciation schedule maintained within the District's financial
management software. This funds GASB 54 classification is assigned fund
balance.
2. The source of funding for this reserve shall be in the form of an annual operating
expense (transfer) to the Equipment Replacement Reserves.
3. The General Manager is authorized to approve the expenditure of Equipment
Replacement Reserves, without prior approval of the Board of Directors, in
accordance with approved policy and budget authorizations.
C. Emergency Capital Reserves
1. Emergency Capital Reserves are essentially "insurance" against unanticipated
emergencies, failure of the utility's most vulnerable system components, and
liability from District activities that are not insured through other mechanisms.
This reserve provides funding to ensure timely emergency repairs or
replacements, and continued operation of the District's essential services during
periods of natural disasters and/or other emergencies that potentially threaten the
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health, safety or welfare of District customers, residents, or employees and for
which immediate corrective action is necessary. Emergency Capital Reserves
may be used when capital improvement funds have otherwise been purposefully
spent down to a preset limit on planned projects. They will not be used to meet
operating shortfalls or to fund new programs or personnel. This funds GASB 54
classification is committed fund balance.
2. The Emergency Capital Reserves funding level is based on the historical records
and the experience of the utility in dealing with such emergencies and disasters.
Determining the emergency reserve funding level is also a function of
management objectives and overall system reliability.
3. The General Manager is authorized to approve the expenditure of Emergency
Capital Reserves, without prior approval of the Board of Directors, in accordance
with District policy. Upon expenditure of any Emergency Capital Reserves, the
General Manager shall notify the Board of Directors at the earliest possible
opportunity.
4. Expenditures from Emergency Capital Reserves which are subsequently
recovered, either partially or fully, from FEMA, insurance and/or any other
sources, shall be utilized solely for refunding Emergency Capital Reserves.
Section 3.04. Debt Service Reserves
A. Debt Service Reserves are those funds that relate to the management of the District's
outstanding bonded indebtedness. Establishment of a debt service reserve is typically
legally required by the covenants and indentures of the District's revenue bonds and
may be required by some general obligation bonds. The establishment of a debt
reserve provides security to the bondholders that adequate funds will be available to
pay the debt service obligations, even under a distressed situation. This funds GASB
54 classification is restricted reserve fund balance.
B. Debt Service Reserves will be funded, maintained and expended only in accordance
with the terms of the orders or resolutions adopted by the Board of Directors
authorizing the issuance of the District's revenue obligations. Authorization to
expend the Debt Service Reserves is restricted to the Board of Directors.
Section 3.05. Rate Stabilization Reserves
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A. The purpose of Rate Stabilization Reserves is to establish a means to provide cash
reserves that can be used to meet revenue requirements while gradually increasing
rates over time to the level necessary for the utility to be financially sustainable. This
fund buffers the impacts of unanticipated fluctuations or revenue shortfalls and
should be capable of defraying the need for an immediate rate increase to cover the
cost of an unanticipated rise in expenses. Unexpected fluctuations can include, but
are not limited to an economic downturn, unanticipated increases in other utility
expenses, and/or other extraordinary circumstances. This funds GASB 54
classification is committed fund balance.
B. The District should maintain Rate Stabilization Reserves equivalent to 30% of the
annual net water revenue. Each adopted budget of the District should contain a
transfer from the general fund to the Rate Stabilization Reserves in an amount
approved by the Board of Directors.
C. Transfer of funds from Rate Stabilization Reserves requires the Board of Directors
approval. After transfer, the General Manager is authorized to approve the
expenditure of those funds, in accordance with District policy and budget
authorizations.
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Financial Institutions
Cash Types
Cash Report Graphs
08/31/2022 September 21, 2022 Meeting Agenda Packet
$9,039,674
53%
$326,470
2%
$9,322,985
54%
$7,268,619
42%
$3,370,500
20%
$786,1531 Unrestricted Fund Reserves
5%
Prosperity- Depository
Texpool-Investment
Escrow- Investment Holding
Customer Deposits
• Committed Fire Funds
• Committed Bond Reserves
Committed Bond Funds
Committed Bond Escrows
Non -Spendable
• Assigned Fund Capital Projects
$3,880
0%
Cash in Funds
$10,038,260
$10,000,000
$9,000,000
$8,000,000
$7,000,000
$6,000,000
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,000,000
so
$748,840
$2,985,575
• 122 - Fire
135 - Operating
137 - GASB Reserves
517 - WWTP Const.
519 - Const. Swift
• 520 - Const. WT & WW
• 528 - Bond Reserve
• 533 - Tax I&S
• 534 - I&S W WTP
• 535 - I&S Swift
• 536 - I&S WT & WW
$1,550,139
$786,153 / $898,822
$50,786
$0 $27,903 $6,542 $1,426
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September 21, 2022 Meeting Agenda Packet
$12,000,000
$10,000,000
$8,000,000
$6,000,000
$4,000,000
$2,000,000
$0
Min
• Actuals
Max
i
i
Operating Reserves Equipment Replacement
Reserves (GASB)
$1,345,039 $1,653,325
$2,811,813 $2,985,575
$2,690,077 $3,306,651
TCMUD Reserve Targets and Actuals
Rehabilitation & Replacement
Reserves
$1,482,870
$1,482,870
$1,997,374
Emergency Capital Reserves
$500,000
$500,000
$550,000
Debt Service Reserves Rate Stabilization Reserves Undesignated Reserves
$865,843 $1,057,550
$898,822 $1,110,000 $398,822
$898,822 $1,233,808
Total Reserves Target
$6,904,627
$10,187,902
$10,676,732
Cash Reserve Standards
Budgeted Expense $10,909,758
District Assets $110,221,694
Annual Net Water Revenue $3,525,165
Customer Deposits 5326,470
Assigned Fund Capital Projects $3,370,500
1Reserve Fund Categories (Targets Min Max Actuals
Operating Reserves 45-90 Days 1,345,039 $2,690,077 52,811,813
Equipment Replacement Reserves (GASB) 1.5% of Assets $1,653,325 $3,306,651 $2,985,575
Rehabilitation & Replacement Reserves TBD at Budget 51,482,870 51,997,374 51,482,870
Emergency Capital Reserves TBD $500,000 $550,000 $500,000
Debt Service Reserves Bond Covenants $865,843 $898,822 $898,822
Rate Stabilization Reserves 30-35% Net Water Rev 51,057,550 51,233,808 51,110,000
Undesignated Reserves $398,822
'Total Reserves Target $6,904,627 $10,676,732 $10,187,902
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INDEPENDENT CONTRACTOR AGREEMENT
(Community Awareness and Communications Services)
This Independent Contractor Agreement (the "Agreement"), dated to be effective as of the last date
of execution below (the "Effective Date"), by and between Trophy Club Municipal Utility District No.
1, a conservation and reclamation district of the State of Texas created and operating under Chapters 49
and 54 of the Texas Water Code ("District") and Four Man Furnace, Inc., ("Contractor"). In this
Agreement, the District and Contractor are individually referred to as a "Party" and collectively as the
"Parties."
RECITALS
WHEREAS, the District desires to retain Contractor, subject to the terms and conditions set forth
in this Agreement, to perform certain consulting services relating to development of a community
awareness and communications strategy and to specifically prepare communications for the District to its
residents and customers relating to the District and its operations; and
WHEREAS, Contractor has agreed to provide such services to the District in accordance with the
terms and conditions of this Agreement.
NOW THEREFORE, in consideration of the mutual covenants contained herein and other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the District and
Contractor agree as follows:
I.
ENGAGEMENT OF CONTRACTOR
Section 1.1 Engagement of Contractor. The District hereby engages Contractor to provide
the Video Preparation Services and Content Support Services more particularly described in Exhibit "A"
attached hereto (collectively, the "Services") generally relating to the development of a community
awareness and communications strategy, and to prepare specific video, website, social media, and other
communications to the public relating to the District and its services. Contractor acknowledges and agrees
that this Agreement is non-exclusive, and that the District may utilize the services of its employees or other
consultants to provide some or all of the same services to be rendered by Contractor. Contractor agrees to
perform the Services diligently, using the Contractor's best skill and attention, and in compliance with the
highest industry standards.
Section 1.2 Schedule for Services. The Video Preparation Services shall be completed by
Contractor within 45 days after receipt of authorization to proceed. The Content Support Services shall be
performed on an ongoing basis and in accordance with a schedule to be mutually approved by the Parties
prior to commencement of such services.
II.
COMPENSATION AND EXPENSES
Section 2.1 Compensation for Services. In consideration for the provision of the Services
by Contractor, the District shall pay to Contractor as follows:
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(1) $4,500 for completion of the Video Preparation Services; and
(2) $125 per hour for Content Support Services not to exceed $3,000 per month.
Section 2.2 Billing and Payment.
(a) Video Preparation Services. Upon completion of the Video Preparation Services (to be
defined by delivery of a video by Contractor to the District in a form and content approved by the District),
Contractor shall submit an invoice for payment to the District. The District shall provide payment in full
within thirty (30) days after receipt of the invoice.
(b) Content Support Services. Contractor will submit invoices to the District on or before the
5`h day of each month for Services rendered during the preceding month. The District shall provide payment
for all non -disputed invoices in full within 30 days of receipt of the invoice. To the extent the District
disputes any charges on an invoice, it shall timely pay the remainder of the invoice while the Parties resolve
the dispute in good faith as promptly as practicable.
III.
REPRESENTATIONS AND WARRANTIES
Section 3.1 Representations and Warranties of Contractor. To induce the District to enter
into this Agreement and to consummate the transactions contemplated by this Agreement, Contractor
represents and warrants that Contractor possesses all skills necessary to perform his obligations hereunder
and is competent to perform such obligations.
Section 3.2 Ownership of Work Product. All documents, reports and other work product of
the Consultant prepared in connection with or arising out of the Services, whether in hard copy or electronic
form, shall be owned by the District and may be used for any purpose the District desires. District shall be
solely responsible for any reuse, change or alteration to such work product.
Section 3.3 Confidential Information. During the performance of the Services, Contractor
may have access to and become familiar with various information belonging to the District that may be
excepted from disclosure under the Texas Public Information Act (collectively, the "Confidential
Information"), which are acquired, developed and/or used by the District. Contractor acknowledges and
agrees all Confidential Information is and will remain the property of the District.
Section 3.4 Use or Disclosure of Confidential Information. Contractor agrees it shall not
use in any way or disclose any of the District's Confidential Information, either directly or indirectly, either
during the term of this Agreement or at any time thereafter, except as required in the course of performance
under this Agreement, to the extent such Confidential Information is publicly known, or as required by law.
All files, records, documents, information, data, and similar items relating to the business of the District,
whether prepared by Contractor or otherwise coming into its possession, shall remain the exclusive property
of the District and shall not be removed from the premises of the District under any circumstances without
the prior written permission of the District (except in the ordinary course of business during this
Agreement), and in any event shall be promptly delivered to the District (without Contractor retaining any
copies) upon termination of this Agreement.
Section 3.5 Enforcement. In the event Contractor breaches, or threatens to breach, its
confidentiality obligations hereunder, the District shall be entitled, among other remedies at law, to
injunctive relief prohibiting the Contractor from disclosing such information.
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September 21, 2022 Meeting Agenda Packet
IV.
TERM AND TERMINATION
Section 4.1 Term of Engagement. The term of this Agreement shall commence on the
Effective Date and continue until termination.
Section 4.2 Termination by District. The District may terminate the Agreement at any time
for convenience or for cause by delivering written notice of termination to Contractor. Upon receipt of
District's notice of termination, Contractor shall stop all Services immediately. Contractor shall not be
entitled to any further payment except for any Services performed by Contractor prior to termination and
not previously paid for by District
Section 4.3 Termination by Contractor. Contractor may terminate the Agreement only
for cause (due to District's material breach). Contractor may deliver a written notice of termination of the
Agreement to District setting forth in reasonable detail the basis for such termination and providing District
with a period of not less than ten (10) calendar days to cure such default. If District fails to cure the default
within the time period stated in the initial notice of termination letter, Contractor may terminate the
Agreement no less than five (5) calendar days following delivery of a final notice of termination letter to
District.
V.
RELATIONSHIP OF PARTIES
Section 5.1 Contractor. It is understood and agreed by the Parties that Contractor is an
independent contractor and shall in no sense be considered an employee or agent of the District. Contractor
will have no power or right to enter into contracts or commitments on behalf of the District.
Section 5.2 Taxes. The District shall not be responsible for, and shall not withhold or pay any
federal, state or local income tax, nor payroll tax of any kind, on behalf of Contractor. Contractor shall be
responsible for the filing and payment of all income related taxes associated with Contractor. Contractor
shall not be treated as an employee with respect to the services performed hereunder for federal or state tax
purposes, and agrees to indemnify the District against any and all liability should Contractor be considered
an employee of the District by any governmental agency.
Section 5.3 Reimbursement of Expenses. Except as otherwise agreed in writing by the
Parties, the District shall not be liable to Contractor for any expenses paid or incurred by Contractor.
Section 5.4 Equipment, Tools, Materials or Supplies. Contractor shall supply, at
Contractor's sole expense, all equipment, tools, materials and/or supplies necessary for the provision of the
Services under this Agreement, provided, however, that the District shall provide Contractor with access to
its computer and information technology systems.
Section 5.5 Fringe Benefits/Workers' Compensation. Contractor, as one engaged in its own
independently established business, is not eligible for, and shall not participate in, any employee pension,
health, or other fringe benefit plans of the District. The District is not responsible for, and shall not provide,
workers' compensation insurance for Contractor or employees of Contractor.
Section 5.6 Unemployment Tax. Contractor understands that the District shall not be making
contributions on its behalf for unemployment compensation, and agrees to make whatever contributions are
required of it as an employer.
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September 21, 2022 Meeting Agenda Packet
VI.
CONFIDENTIAL INFORMATION
Section 6.1 Survival. The terms of this Article V shall survive termination of this Agreement.
VII.
MISCELLANEOUS
Section 7.1 Notices. All notices hereunder from Contractor to the District will be sufficient if
sent by certified mail or hand delivery with confirmation of delivery, addressed to the District to the
attention of General Manager, Trophy Club Municipal Utility District No. 1, 100 Municipal Drive, Trophy
Club, Texas 76262. All notices hereunder from the District to Contractor will be sufficiently given if sent
by certified mail or hand delivery to the attention of Steve Durman, Four Man Furnace, 3009 Dunverny,
The Colony, TX 75056. The address for delivery of notice may be changed by either Party by providing
not less than five (5) days prior written notice thereof to the other parties.
Section 7.2 Governing Law. This Agreement will be governed by and construed in
accordance with the laws of the State of Texas (exclusive of conflicts of law principles).
Section 7.3 Entire Agreement and Amendments. This Agreement represents the entire
Agreement between the District and Contractor with respect to the subject matter of this Agreement. This
Agreement supersedes or replaces any prior agreement or understanding with respect to that subject matter
between Contractor and the District. This Agreement may not be amended except in a writing signed by
the party against whom such amendment is to be enforced.
Section 7.4 Assignments. Contractor may not assign or delegate this Agreement or any rights
or obligations hereunder without the prior written consent of the District. Any attempted assignment or
delegation in violation of the immediately preceding sentence will be void.
Section 7.5 Severabilitv. If any of the provisions of this Agreement are determined to be
invalid or unenforceable, such invalidity or unenforceability will not invalidate or render unenforceable the
remainder of this Agreement, but rather the entire Agreement will be construed as if not containing the
particular invalid or unenforceable provision or provisions, and the rights and obligations of the parties will
be construed and enforced accordingly.
Section 7.6 Interested Parties. Contractor acknowledges that Texas Government Code
Section 2252.908 (as amended, "Section 2252.908") requires disclosure of certain matters by contractors
entering into a contract with a local government entity such as UGRA. Contractor confirms that it has
reviewed Section 2252.908 and, if required to do so, will (1) complete a Form 1295, using the unique
identification number specified on page 1 of the Contract, and electronically file it with the Texas Ethics
Commission ("TEC"); and (2) submit the signed Form 1295, including the certification of filing number of
the Form 1295 with the TEC, to UGRA at the same time the Contractor executes and submits the Contract
to UGRA. Form 1295s are available on the TEC's website at
https://www.ethics.state.tx.us/filinginfo/1295/. The Contract is not effective until the requirements listed
above are satisfied and any approval or award of the Contract by UGRA is expressly made contingent upon
Contractor's compliance with these requirements. The signed Form 1295 may be submitted to UGRA in
an electronic format.
Section 7.7 Conflicts of Interest. Contractor acknowledges that Texas Local Government
Code Chapter 176 (as amended, "Chapter 176") requires the disclosure of certain matters by contractors
doing business with or proposing to do business with local government entities such as UGRA. Contractor
confirms that it has reviewed Chapter 176 and, if required to do so, will complete and return Form CIQ
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September 21, 2022 Meeting Agenda Packet
promulgated by the TEC, which is available on the TEC's website at
https://www.ethics.state.tx.us/forms/conflict/, within seven days of the date of submitting the Contract to
UGRA or within seven days of becoming aware of a matter that requires disclosure under Chapter 176,
whichever is applicable.
Section 7.8 Verification Under Chanter 2271, Texas Government Code. If required under
Chapter 2271 of the Texas Government Code (as amended, "Chanter 2271"), Contractor represents and
warrants that, at the time of execution and delivery of the Contract, neither Contractor, nor any wholly or
majority-owned subsidiary, parent company, or affiliate of Contractor that exist to make a profit, boycott
Israel or will boycott Israel during the term of the Contract. The foregoing verification is made solely to
comply with Chapter 2271, to the extent such Chapter does not contravene applicable Federal law. As used
in the foregoing verification, "boycott Israel" means refusing to deal with, terminating business activities
with, or otherwise taking any action that is intended to penalize, inflict economic harm on, or limit
commercial relations specifically with Israel, or with a person or entity doing business in Israel or in an
Israeli -controlled territory, but does not include an action made for ordinary business purposes. Contractor
understands "affiliate" to mean an entity that controls, is controlled by, or is under common control with
Contractor.
Section 7.9 Verification Under Subchapter F, Chapter 2252, Texas Government Code.
For purposes of Subchapter F of Chapter 2252 of the Texas Government Code (as amended, "Subchapter
F"), Contractor represents and warrants that, neither Contractor, nor any wholly owned subsidiary,
majority-owned subsidiary, parent company, or affiliate of Contractor that exist to make a profit, are
companies identified on a list prepared and maintained by the Texas Comptroller of Public Accounts (the
"Comptroller") described within Subchapter F and posted on the Comptroller's internet website at:
httns://comptroller. texas. gov/purchasing/docs/sudan-list.pdf,
haps ://comntroller.texas . gov/purchasing/docs/iran-list.ndf, and
https ://comptroller. texas .gov/purchasing/docs/fto-list.pd£
The foregoing representation is made solely to comply with Subchapter F, to the extent such subchapter
does not contravene applicable Federal law and excludes companies that the United States government has
affirmatively declared to be excluded from its federal sanctions regime relating to Sudan, Iran, or a foreign
terrorist organization. Contractor understands "affiliate" to mean any entity that controls, is controlled by,
or is under common control with Contractor.
Section 7.10 Verification Under Chanter 2274, Texas Government Code, Relating to
Contracts With Companies Bovcotting Certain Energv Companies. If required under Chapter 2274 of
the Texas Government Code (as amended, "Chapter 2274"), Contractor represents and warrants that, at the
time of execution and delivery of the Contract, neither Contractor, nor any wholly or majority-owned
subsidiary, parent company, or affiliate of Contractor that exists to make a profit, boycott energy companies
or will boycott energy companies during the term of the contract. The foregoing verification is made solely
to comply with Chapter 2274. As used in the foregoing verification, "boycott energy companies" means,
without an ordinary business purpose, refusing to deal with, terminating business activities with, or
otherwise taking action that is intended to penalize, inflict economic harm on, or limit commercial relations
with a company because the company: (1) engages in the exploration, production, utilization, transportation,
sale, or manufacturing of fossil fuel -based energy and does not commit or pledge to meet environmental
standards beyond applicable federal and state law or (2) does business with a company described in the
preceding section (1).
Section 7.11 Verification Under Chapter 2274, Texas Government Code, Relating to
Contracts with Companies that Discriminate Against the Firearm and Ammunition Industries. If
required under Chapter 2274 of the Texas Government Code (as amended, "Chapter 2274"), Contractor
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September 21, 2022 Meeting Agenda Packet
represents and warrants that, at the time of execution and delivery of the Contract, neither Contractor, nor
any wholly or majority-owned subsidiary, parent company, or affiliate of Contractor that exists to make a
profit, have a practice, policy, guidance, or directive that discriminates against a firearm entity or firearm
trade association or will discriminate during the term of the contract against a firearm entity or firearm trade
association. The foregoing verification is made solely to comply with Chapter 2274. As used in the
foregoing verification, the terms "discriminate against a firearm entity", "firearm entity", and "firearm trade
association" have the meanings ascribed to them in Section 2274.001, Texas Government Code.
[The remainder of this page intentionally left blank.]
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IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first
above written.
TROPHY CLUB MUNICIPAL UTILITY
DISTRICT NO. 1
By:
Name:
Title:
Date:
FOUR MAN FURNACE, INC.
By: C..
Name: Steve Durman
Title: Founder, Creative Director
Date: September 13, 2022
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September 21, 2022 Meeting Agenda Packet
Exhibit "A"
Description of Services
VIDEO PREPARATION SERVICES
Contractor shall prepare a video summarizing the history of the District and its functions and
operations. The video will be in a form and format approved by the District, and suitable for posting
on the District's website and social media.
CONTENT SUPPORT SERVICES
Contractor will develop a comprehensive communications strategy and specific communications
for the District for purposes of informing the District's customers, residents and general public
through social media, utility bill inserts, email communications and website articles regarding
matters of interest pertaining to the District and its operations.
Contractor shall develop a written strategy and content calendar for approval by the District. Upon
completion of the strategy and calendar, Contractor shall prepare the creative assets and provide
ongoing support for the communications program.
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